Notification of Interests

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:

Salamander Energy PLC 

2. Reason for 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

No

An event changing the breakdown of voting rights

No

Other (please specify): 

No

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

3i Group plc (direct)

3i Investments plc (indirect) 

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

N/A

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

28 April 2009

6. Date on which issuer notified:

29 April 2009

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

17%

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 shares

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ISIN GB00B1GC5238

Below 3%

Below 3%

26,074,771

26,074,771

17.07%

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 exercised / converted)

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

26,074,771 17.07%

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

3i Group plc has a direct beneficial interest in the total number of voting rights disclosed in section 8 above. 

3i Investments plc (a wholly owned subsidiary of 3i Group plc) has an indirect interest in the total number of voting rights disclosed in section 8 above in its capacity as the discretionary Investment Manager of 3i Group plc, 3i Asia Pacific 2004-2006 LP, 3i Pan European Growth Capital 2005-2006 LP, and 3i UK Private Equity 2004-2006 LP.

3i Holdings plc and 3i plc are both wholly owned subsidiary undertakings of 3i Group plc and parent undertakings of 3i Investments plc.

3i Asia Pacific 2004-2006 LP, 3i Pan European Growth Capital 2005-2006 LP, and 3i UK Private Equity 2004-2006 LP are subsidiary undertakings of 3i Group plc.

Proxy Voting:

10. Name of proxy holder:

N/A

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

N/A

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

N/A

13. Additional information:

Notification using Total Voting Rights of 152,781,255 announced on 8 August 2008.

14. Contact name:

Douglas Barrie

Group Company Secretary

15. Contact telephone name:

020 7960 1580