Holding(s) in Company

20th Mar 2007 16:04

Beowulf Mining PLC20 March 2007 TR-1(i): notification of major interests in shares +---------------------------------------------+------------------------------+|1. Identity of the issuer or the underlying | Beowulf Mining Plc ||issuer of existing shares to which voting | ||rights are attached(ii): | |+---------------------------------------------+----------------------+-------+|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): Statutory notification for holding above 3% | X |+---------------------------------------------+----------------------+-------+|3. Full name of person(s) subject to the | RAB SPECIAL SITUATIONS ||notification obligation(iii): | (MASTER) FUND LTD |+---------------------------------------------+------------------------------+|4. Full name of shareholder(s) (if different |CREDIT SUISSE CLIENT NOMINEES ||from 3.)(iv): | (UK) LIMITED |+---------------------------------------------+------------------------------+|5. Date of the transaction (and date on which| n/a ||the threshold is crossed or reached if | ||different)(v): | |+---------------------------------------------+------------------------------+|6. Date on which issuer notified: |20/03/2007 (holding as at 16/ || | 03/2007) |+---------------------------------------------+------------------------------+|7. Threshold(s) that is/are crossed or | ABOVE 3% ||reached: | |+---------------------------------------------+------------------------------+|8. Notified details: | n/a |+---------------------------------------------+----------------------+-------++---------------------------------------------+----------------------+-------+ +-----------------------------------------------------------------------------------+|A: Voting rights attached to shares |+---------+-------------------+-----------------------------------------------------+|Class/ |Situation previous |Resulting situation after the triggering ||type of |to the Triggering |transaction (vii) ||shares |transaction (vi) | || +----------+--------+--------+---------------------+----------------------+|if |Number of |Number |Number |Number of voting |% of voting rights ||possible |Shares |of |of |rights ix | ||using the| |Voting |shares | | ||ISIN CODE| |Rights +--------+-----------+---------+--------+----------+| | |viii |Direct |Direct x |Indirect |Direct |Indirect || | | | | |xi | | |+---------+----------+--------+--------+-----------+---------+--------+----------+| | | | | | | | || | | | | | | | ||ORDINARY |9000000 |13.55% |n/a |n/a |n/a |13.55% |13.55% ||SHARES | | | | | | | |+---------+----------+--------+--------+-----------+---------+--------+----------+|B: Financial Instruments |+-----------------------------------------------------------------------------------+|Resulting situation after the triggering transaction xii |+---------------+-----------+--------------------+---------------------+------------+|Type of |Expiration |Exercise/ Conversion|Number of voting |% of ||financial |date xiii |Period/ Date xiv |rights that may be |voting ||instrument | | |acquired if the |rights || | | |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 |13.55% |+-------------------------------------+---------------------------------------+ +-----------------------------------------------------------------------------+|9. Chain of controlled undertakings through which the voting rights and/or ||the financial 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 are held in the nominee name of the custodian of its||clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED. || || || |+-----------------------------------------------------------------------------+|Proxy Voting: |+------------------------------------------------+----------------------------+|10. Name of the proxy holder: |n/a |+------------------------------------------------+----------------------------+|11. Number of voting rights proxy holder will |n/a ||cease to hold: | |+------------------------------------------------+----------------------------+|12. Date on which proxy holder will cease to |n/a ||hold voting rights: | |+------------------------------------------------+----------------------------+|13. Additional information: |n/a |+------------------------------------------------+----------------------------+|14. Contact name: |LEGAL TEAM |+------------------------------------------------+----------------------------+|15. Contact telephone number: |020 7389 7000 |+------------------------------------------------+----------------------------+ This information is provided by RNS The company news service from the London Stock Exchange

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