ADV.L Regulatory News (ADV)

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

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 

X

An event changing the breakdown of voting rights

Other (please specify): 

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

Stark Offshore Management, LLC as investment manager to Stark Master Fund, Ltd

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

Stark Master Fund, Ltd.

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

2 October  2009

6. Date on which issuer notified:

6 October 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

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

19,880,055

19,865,055

0

0

n/a

0%

n/a

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

Contracts for Difference

n/a

n/a

n/a

0

0%

N/A

Warrants

100p

15/12/12

Any time from now to 15/12/12

7,225,000

4.89%

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,225,000

4.89%

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

N/A

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:

15. Contact telephone name: