Holding(s) in Company

28th Aug 2007 17:06

Sterling Energy PLC28 August 2007 Form TR-1 with annex. FSA Version 2.1 updated April 2007 +-----------------------------------------------------------------------------+|TR-1: Notifications of Major Interests in Shares |+-----------------------------------------------------------------------------+ +-----------------------------------------------+-------------------------------+| |Sterling Energy plc || | ||1. Identity of the issuer or the underlying | ||issuer of existing shares to which voting | ||rights are attached: | |+-----------------------------------------------+-------------------------------+| || ||2. Reason for notification (yes/no) |+--------------------------------------------------------------------+----------+| |Yes || | ||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):______________ | |+---------------------------------------+----------------------------+----------+| |Oppenheimer Funds Inc. || | ||3. Full name of person(s) subject to | ||notification obligation: | |+---------------------------------------+---------------------------------------+| | || | ||4. Full name of shareholder(s) (if | ||different from 3): | |+---------------------------------------+---------------------------------------+| |23 August 2007 || | ||5. Date of transaction (and date on | ||which the threshold is crossed or | ||reached if different): | |+---------------------------------------+---------------------------------------+| |24 August 2007 || | ||6. Date on which issuer notified: | |+---------------------------------------+---------------------------------------+| |3% || | ||7. Threshold(s) that is/are crossed or | ||reached: | |+---------------------------------------+-------+--------------------+----------++---------------------------------------+-------+--------------------+----------+ +------------------------------------------------------------------------------------------+|8: Notified Details |+------------------------------------------------------------------------------------------+|A: Voting rights attached to shares || || |+-------------+---------------------+------------------------------------------------------+|Class/type of|Situation previous to|Resulting situation after the triggering transaction ||shares |the triggering | || |transaction | ||If possible +----------+----------+----------+----------------------+--------------------+|use ISIN code|Number of |Number of |Number of |Number of voting |Percentage of voting|| |shares |voting |shares |rights |rights || | |rights | +-----------+----------+----------+---------+| | | | | | | | || | | | | | | | || | | | |Direct |Indirect |Direct |Indirect |+------------++---------++---------++---------++---------+-+---------++---------++---------+|GB0005299929|60,000,000|60,000,000|45,618,410|- |45,618,410 |- |2.91% |+------------++---------++---------++---------++---------+-+---------++---------++---------++------------++---------++---------++---------++---------+-+---------++---------++---------+ +--------------------------------------------------------------------------------+|B: Financial Instruments || || |+--------------------------------------------------------------------------------+|Resulting situation after the triggering transaction || || |+---------------+---------------+---------------+----------------+---------------+|Type of |Expiration date|Exercise/ |No. of voting |Percentage of ||financial | |conversion |rights that may |voting rights ||instrument | |period/date |be acquired (if | || | | |the instrument | || | | |exercised/ | || | | |converted) | |+---------------+---------------+---------------+----------------+---------------+| | | | | || | | | | || | | | | |+---------------+---------------+---------------+----------------+---------------+ +-----------------------------------------------------------------------------+|Total (A+B) || || |+--------------------------------------+--------------------------------------+|Number of voting rights |Percentage of voting rights |+--------------------------------------+--------------------------------------+|45,618,410 |2.91% |+--------------------------------------+--------------------------------------+ +-----------------------------------------------------------------------------+|9. Chain of controlled undertakings through which the voting rights and /or ||the financial instruments are effectively held, if applicable: |+-----------------------------------------------------------------------------+|As of 23/08/07, Oppenheimer Funds, Inc. owns 45,618,410 shares equal to 2.91%||of the shares outstanding of Sterling Energy plc. |+-----------------------------------------------------------------------------+ +-----------------------------------------------------------------------------+|Proxy Voting: || || |+--------------------------------------+--------------------------------------+|10. Name of proxy holder: |N/A || | || | |+--------------------------------------+--------------------------------------+|11. Number of voting rights proxy |N/A ||holder will cease to hold: | || | || | |+--------------------------------------+--------------------------------------+|12. Date on which proxy holder will |N/A ||cease to hold voting rights: | || | || | |+--------------------------------------+--------------------------------------+ +--------------------------------------+--------------------------------------+|13. Additional information: | || | || | |+--------------------------------------+--------------------------------------+|14 Contact name: |Rosemary Baker || | || | |+--------------------------------------+--------------------------------------+|15. Contact telephone name: |+413,744,8258 || | || | |+--------------------------------------+--------------------------------------+ This information is provided by RNS The company news service from the London Stock Exchange

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