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Holding(s) in Company

21st Mar 2007 17:06

Stratex International PLC21 March 2007 Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining 21st March 2007 Stratex International Plc TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Stratex International plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (NO) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: (NO) An event changing the breakdown of voting rights: (NO) Other (please specify): (YES) Statutory notification for holding above 3% 3. Full name of person(s) subject to the notification obligation (iii): RAB Special Situations (Master) Fund Ltd 4. Full name of shareholder(s) (if different from 3.) (iv): CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): N/A 6. Date on which issuer notified: 20 MARCH 2007 (HOLDING AS AT 16 MARCH 2007) 7. Threshold(s) that is/are crossed or reached: ABOVE 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares if Situation of previous to the Triggering transaction (vi)possible using ISIN code Number of shares Number of voting Rights (viii)ORDINARY SHARES 37,610,000 24.48% Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rightspossible using the ISINCODE Direct Direct (x) Indirect (xi) Direct IndirectORDINARY SHARES N/A N/A N/A 24.48% 24.48% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights that % of voting rightsfinancial (xiii) Period/ Date (xiv) may be acquired if theinstrument instrument is exercised/ converted. N/A N/A N/A N/A N/A Total (A + B) Number of Voting Rights % of voting rights A ONLY 24.48% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER) FUND LTD.RAB Capital plc does not act as custodian for its clients and therefore the shares areheld in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENTNOMINEES (UK) LIMITED. Proxy Voting: 10. Name of the 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: N/A 14. Contact name: LEGAL TEAM 15. Contact telephone number: +44 (0)20 7389 7000 Stratex International plcPerry Ashwood +44(0)20 7830 9650 Hanson Westhouse LimitedAnita Ghanekar +44(0)20 7601 6100 This information is provided by RNS The company news service from the London Stock Exchange

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