Holding(s) in Company

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

Cadogan Petroleum Plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

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): Disclosure of holdings following the acquisition, by Lloyds Banking Group plc, of HBOS plc. This notification supersedes any notifications previously reported for Lloyds TSB Group plc .

yes

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

Lloyds Banking Group Plc

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

See Section 9

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

16 January 2009

6. Date on which issuer notified:

20 January  2009

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

Direct/indirect 10% 

8: Notified Details

A: Voting rights attached to shares

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

Indirect

Direct

Indirect

GB00B12WC938

11,980,244

11,980,244

4,212,311

4,212,311

19,486,940

1.823%

8.433%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

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

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

23,699,251

10.255%

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

12,883,133 Shares (5.575%) are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).

10,218,586 shares (4.422%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests). 

Within these holdings, 2,841,709 shares (1.229%) are managed on behalf of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, These holdings are therefore disclosed as an overall Direct Interest

Proxy Voting:

10. Name of 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:

14 Contact name at Company:

Alex Sawka, Company Secretary

15. Contact telephone number at Company:

020 7245 0801