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):

13 May 2009

6. Date on which issuer notified:

15 May 2009

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

17% - 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 shares

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ISIN GB00B1GC5238

26,074,771

26,074,771

0

0

0

0%

0%

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

0

0%

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:

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:

14. Contact name:

Douglas Barrie

Group Company Secretary

15. Contact telephone name:

020 7960 1580