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Holding(s) in Company

4th Jan 2007 10:09

Gemfields Resources PlcHoldings in Company4 January 2007

Gemfields Resources Plc ("Gemfields" or "the Company", ticker "GEM") received notification dated 27 December 2006 that, following acquisitions, Matterhorn Investment Management LLP has a notifiable interest in 13,121,982 of the Company's 1p shares, amounting to approximately 12.55% of the Company's issued share capital.

The following interests are included in the above total of shares:

The Palmyra Fund 5,563,000shares;

The Wildhorn Fund 5,808,060 shares.

The registered holders of the above total of shares are:

Morstan Nominees Limited 5,756,000shares;

Goldman Sachs Securities (Nominees) Limited 7,365,982 shares.

For more information:

Peter Kitchen, CEO [email protected]

Richard James, CFO [email protected]

Gemfields Resources Plc Tel: +44 (0)20 7016 9416

Laurence Read/Leesa Peters Tel: +44 (0)20 7429 6605

Conduit PR Mob: +44 (0)7974 982 512

GEMFIELDS RESOURCES PLC

Related Shares:

Gemfields Grou.
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