Holding(s) in Company

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

GMA 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 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): increase in issued shares

X 

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

CIM Discovery Fund Limited

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

n/a

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

6. Date on which issuer notified:

23/6/09

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

Less than 3%

8. Notified details:

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

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

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

Below 3%

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

Proxy Voting:

10. Name of the proxy holder:

CIM Discovery Fund Limited

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:

Ashley Retter, CIM Investment Manangement Limited 

15. Contact telephone number:

Annex Notification Of Major Interests In Shares xvi

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

GMA RESOURCES PLC

Contact address (registered office for legal entities)

One America Square

Crosswall

London

EC3N 2SG

Phone number 

Other useful information (at least legal representative for legal persons)

B:  Identity of the notifier, if applicable xvii

Full name 

CIM Invesment Management Limited

Contact address 

1 Regent Street, London, SW1Y4NS

Phone number 

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

Investment Manager for CIM Discovery Fund Limited

C: Additional information