Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 AMERISUR RESOURCES PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

Shares in issue increased to 1,032,133,831

X

3. Full name of person(s) subject to the notification obligation:

BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC

4. Full name of shareholder(s) (if different from 3.):

 Chase Nominees Limited a/c BT01C Sub a/c No 2

5. Date of the transaction and date on which the threshold is crossed or reached:

18 October 2012

6. Date on which issuer notified:

3 December 2012

7. Threshold(s) that is/are crossed or reached:

 3%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord Shares of 0.1p

30,830,794

30,830,794

30,830,794

30,830,794

0

Below 3%

Reporting level

0

 GB0032087826

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

30,830,794

Below 3% reporting level

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

Chase Nominees Limited BT001C Sub a/c No 2 is an account of the Custodian for British Empire Securities and General Trust plc.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Duncan Hayes

Phoenix Administration Services Limited

15. Contact telephone number:

 01245 398950