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Substantial Shareholding

11th May 2006 14:25

Avocet Mining PLC11 May 2006 Avocet Mining PLC ("the Company") Notice of Substantial Shareholding The Company has been informed on 10 May 2006 pursuant to the provisions of theCompanies Act 1985 that AXA S.A. ("AXA") and its group companies holds aninterest in the Company of 11.26%, representing 13,682,339 ordinary shares outof an issued ordinary share capital of 121,526,530 ordinary shares.Furthermore AXA has informed the Company that these shares are held by thefollowing companies/funds: Company/Fund Number of Shares Held % Interest Sun Life Pensions Management Limited 186,102 0.15%AXA France 225,000 0.19%AXA Rosenburg 4,249,753 3.50%Framlington 9,021,484 7.42% Total 13,682,339 11.26% Alan McFarlaneCompany SecretaryAvocet Mining PLC 11 May 2006 This information is provided by RNS The company news service from the London Stock Exchange

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