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Holding(s) in Company

25th Oct 2007 15:54

Andes Energia PLC25 October 2007 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ANDES ENERGIA PLC (Formerly Ragusa Capital Plc) 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights (Yes) An acquisition or disposal of financial instruments which may (No) result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights (No) Other (specify): (N/A) 3. Full name of person(s) subject to the notification obligation: Talyn International Limited 4. Full name of shareholder(s) (if different from 3.) 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 12/10/2007 6. Date on which issuer notified: 23/10/2007 7. Threshold(s) that is/are crossed or reached: Holding after transaction went through a percentage point 8. Notified details: A. Voting rights attached to sharesClass/type of shares (if possible using the GB00B01RNH73 (ord shs)ISIN code) Situation previous to Resulting situation after the triggering transaction the triggering transactionNumber of Number of Number of Number of voting % of voting rightsShares Voting shares rights Rights Direct Direct Indirect Direct Indirect6,807,000 6,807,000 5,307,000 5,307,000 5,307,000 4.9% B. Financial Instruments Resulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date Conversion Period/ rights that may rightsinstrument Date be acquired if the instrument is exercised/ converted Total (A+B)Number of voting rights % of voting rights5,307,000 4.9% 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 the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14: Contact name: Glenn Kelly European Financial Service Limited 15. Contact telephone number: 01534 505800 This information is provided by RNS The company news service from the London Stock Exchange EN

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