Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

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

Petro Matad Ltd

2. Reason for notification (yes/no)

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 notification obligation:

Citadel Europe LLP

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

Citadel Equity Fund Ltd

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

04/11/09

6. Date on which issuer notified:

05/11/09

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

13%, 12%, 11%, 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3% 

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use 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

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary Shares

12,750,000

12,750,000

0

0

N/A

0%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price 

Expiration date

Exercise/

Conversion Period

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

0%

0

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

N/A

Proxy Voting:

10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Citadel Europe LLP acts as sub-investment advisor to Citadel Advisors LLC. Citadel Advisors LLC is the investment manager of Citadel Equity Fund Ltd

14 Contact name:

Matthew Oswald

15. Contact telephone name:

020 645 9861