Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

D1 Oils plc

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 acquisition of shares already issued to which voting rights are attached 

No

An event changing the breakdown of voting rights

No

Other (please specify):______________

No

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

(a) Principle Capital Investment Trust plc

(b) Principle Capital, L.P.

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

(a) Bank of New York Nominees Ltd -a/c 293891 (22,818,207 shares)

(b) JP Morgan Nominees Limited (10,241,970 shares)

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

10 June 2008

6. Date on which issuer notified:

12 June 2008

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

26%

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

27,134,184

27,134,184

33,060,177

33,060,177

26.11%

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

n/a

Total (A+B)

Number of voting rights

Percentage of voting rights

33,060,177

26.11%

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

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:

n/a

14 Contact name:

Brian Padgett, Principle Capital Fund Managers

15. Contact telephone name:

+44 (0)122 908 1190