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Holding(s) in Company

28th Aug 2007 08:58

Avarae Global Coins PLC28 August 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Avarae Global Coins Plcexisting shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisitionof 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 Credit Agricole Cheuvreux International Ltdobligation: 4. Full name of shareholder(s) (if different from Credit Agricole Cheuvreux International Ltd3): 5. Date of transaction (and date on which the 22/08/07threshold is crossed or reached if different): 6. Date on which issuer notified: 24/08/07 7. Threshold(s) that is/are crossed or reached: Holding after transaction went through percentage threshold 8: Notified Details A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transactionshares triggering transaction If possible useISIN code Number of Number of Number of Number of voting rights Percentage of voting shares voting shares rights rights Indirect Direct Indirect GB00B137SQ61 4,800,000 4,800,000 11,000,000 11,000,000 9.99% B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of votinginstrument period/date that may be acquired rights (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights11,000,000 9.99% 9. Chain of controlled undertakings through which the voting rights and /or thefinancial instruments are effectively held, if applicable: SAS Rue La BoetieCredit Agricole SACalyon SACredit Agricole Cheuvreux SA 11,000,000 9.99% Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: 14 Contact name: Anne McLeod 15. Contact telephone name: 0207 214 6518 This information is provided by RNS The company news service from the London Stock Exchange

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