Holding(s) in Company

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

Cadogan Petroleum 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 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): 

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

Deutsche Bank AG

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

Deutsche Bank AG

DB UK Holdings Limited

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

19/02/2009

6. Date on which issuer notified:

20/02/2009

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

7%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

 if possible using the 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

% of voting rights

Direct

Indirect

Direct

Indirect

GB00B12WC938

16,188,422

16,188,422

15,602,120

15,602,120

6.75%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

15,602,120

6.75%

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

DB UK Holdings Limited - 10,569,080 shares or 4.57%

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:

Stefan Bort

15. Contact telephone number:

+00 44 207 245 0801

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

Cadogan Petroleum plc

Contact address (registered office for legal entities)

5th Floor

4/5 Grosvenor Place

London SW1X 7HJ

Phone number

+44 207 245 0801

Other useful information (at least legal representative for legal persons)

Stefan Bort

B:  Identity of the notifier, if applicable

Full name

Contact address

Phone number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

Company Secretary

C: Additional information