Notification of Major Interest in Shares

For filings with the FSA include the annex

For filings with issuer exclude the annex 

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:

Mapeley Limited

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 

No

An event changing the breakdown of voting rights

No

Other (please specify):______________

N/A

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

Fortress Fund V GP L.P., as the general partner of Fortress Investment Fund V (Fund A) L.P

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

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

24 February 2009

6. Date on which issuer notified:

27 February 2009

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

5%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Ordinary shares

GB00B0BHCR03

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

 0

Number of voting rights

1,464,131

Number of shares

0

Number of voting rights

Percentage of voting rights

Direct

0

Indirect

1,571,360

Direct

0

Indirect

 5.31%

B: 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

Total (A+B)

Number of voting rights

Percentage of voting rights

1,571,360

5.31%

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

FIG LLC and certain of its wholly owned subsidiaries which it controls act as investment manager to Fortress Investment Fund V (Fund A) L.P. 

Fortress Fund V GP L.P. is the general partner of Fortress Investment Fund V (Fund A) L.P.

Fortress Fund V GP Holdings Ltd. is the general partner of Fortress Fund V GP L.P. 

In addition, as previously notified, Fortress Investment Fund V (Fund A) L.P. also has an interest in the following entities:

1. FIT Mapeley Holdings Limited which holds 7,903,969 ordinary shares (approximately 26.85% of voting rights)

2. Fortress UK Acquisition Company which holds 6,739,931 ordinary shares (approximately 22.9% of voting rights).

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:

N/A

14 Contact name:

C/o General Counsel, Fortress Investment Group LLC, 1345 Avenue of the Americas, New York NY 10105, USA

15. Contact telephone name:

+1 212 798 6100