Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex

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:

Quorum Oil & Gas Technology Fund Limited

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

An acquisition or disposal of voting rights

NO

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

NO

An event changing the breakdown of voting rights

YES

Other (please specify):

NO

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

Midas Capital Plc

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

See Section 9

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

30/10/09

6. Date on which issuer notified:

02/11/09

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

Was 12.32%, Now 10.49%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of 

shares

Number of voting rights

% of voting rights

Direct

Indirect

Direct

Indirect

GG00B29Q2M88

754,275

754,275

754,275

n/a

754,275

n/a

10.49%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/  Conversion  Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

 N/A

 N/A

N/A

N/A

N/A

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

Resulting situation after the triggering transaction

Type of financial instrument

Exercise  price

Expiration  date

Exercise/ Conversion  period

Number of voting  rights instrument  refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

754,275

10.49%

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

CF Midas Income Fund 392513

Bank of New York Nominees a/c

754,275

Proxy Voting:

10. Name of the proxy holder:

N/A

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

 N/A

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

 N/A

13. Additional information:

 Midas Capital Partners Ltd, Miton Asset Management Ltd and iimia Plc are all subsidiaries of Midas Capital Plc

14. Contact name:

John Bradley

15. Contact telephone number:

0151 906 2462