Holding(s) in Company

TR-1: Notifications of Major Interests in Sharesi

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

Connemara Mining Company plc

2. Reason for notification

An acquisition or disposal of voting rights

X

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

An event changing the breakdown of voting rights

Other (please specify):______________

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

TRAMPUS LTD

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

5. Date of transaction (and date on which the threshold is crossed or reached if different): v

16 May 2012

6. Date on which issuer notified:

17 May 2012

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

6%

8: Notified Details:

A: Voting rights attached to shares viii, ix

Class/type of shares

If possible use 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

Percentage of voting rights

Direct xi

Indirect xii

Direct

Indirect

IE00B2357X72

1,325,000

1,325,000

1,575,000

1,575,000

6.13%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ conversion period/date xiv

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ conversion period xviii

No. of voting rights instrument refers to

Percentage of voting rights xix, xx

Nominal

Delta

Total (A+B)

Number of voting rights

Percentage of voting rights

1,575,000

6.13%

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

n/a

Proxy Voting:

10. Name of 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:

Mark G Hardy

15. Contact telephone number:

078 5599 5228