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Holding(s) in Company

21st Mar 2007 14:45

Cardinal Resources plc21 March 2007 LONDON - Wednesday, 21st March 2007 Cardinal Resources plc (AIM:CDL) ("Cardinal" or "the Company"), an independentoil and gas exploration and production company operating in Ukraine, wasnotified: • by Hares Group Limited on 20 March 2007 that they have an interest in 21,949,364 of the Company's ordinary 20p shares ("Ordinary Shares") representing 19.16 per cent. of the issued Ordinary Share capital of the Company; • by Providence Recovery Partners LP on 20 March 2007 that they have an interest in 3,480,000 of the Company's ordinary 20p shares ("Ordinary Shares") representing 3.04 per cent. of the issued Ordinary Share capital of the Company; and • by QVT Financial LLP on 19 March 2007 that QVT Fund LP has an interest in 20,395,000 of the Company's ordinary 20p shares ("Ordinary Shares") representing 17.8 per cent. of the issued Ordinary Share capital of the Company. ### For further information please contact: Cardinal Resources Brunswick GroupCharles Green / Natalia Egorova Paul Scott+44 (0) 20 7936 5250 +44 (0) 20 7404 [email protected] [email protected] Nominated AdviserNabarro Wells & Co. LimitedJohn Wilkes+44 (0) 20 7710 [email protected] Notes to Editor Cardinal Resources plcCardinal Resources plc is an independent oil and gas production and explorationcompany with assets in Ukraine. Cardinal is an experienced operator in thecountry focused on expanding its existing operations through the farm-in oracquisition of additional upstream oil and gas assets that can be furtherdeveloped through the application of modern technology and expertise. ### This information is provided by RNS The company news service from the London Stock Exchange

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