Holding(s) in Company

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:

Clean Energy Brazil PLC

2. Reason for notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments 

An event changing the breakdown of voting rights

Other (please specify): 

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

Trafalgar Asset Managers (Cayman) Ltd as Investment Manager to Trafalgar Catalyst Fund

Trafalgar Asset Managers (Monaco) SAM as Sub Investment Manager to Trafalgar Catalyst Fund

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

Trafalgar Catalyst Fund

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

17 December 2009

6. Date on which issuer notified:

18 December 2009

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

12%

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

IM00B1FPZP63

17,515,661

17,515,661

18,055,661

12.24%

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

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/date 

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

18,055,661

12.24%

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 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:

Fabio Correia

15. Contact telephone name:

020 7534 6016