Beowulf Mining PLC Regulatory News (BEM)

5 Sep 2008 09:05

Form TR-1 with annex. FSA Version 2.1 updated April 2007

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 Beowulf Mining plc issuer of existing shares to which voting

rights are attached:

2. Reason for notification (yes/no) An acquisition or disposal of voting rights yes An acquisition or disposal of financial instruments which may result no in the acquisition of shares already issued to which voting rights

are attached

An event changing the breakdown of voting rights no Other (please specify):______________ no 3. Full name of person(s) subject to City Equities Ltd

notification obligation:

4. Full name of shareholder(s) (if

different from 3):

5. Date of transaction (and date on 3 September 2008 which the threshold is crossed or

reached if different):

6. Date on which issuer notified: 4 September 2008 (using old form),

5 September 2008 (using this form).

7. Threshold(s) that is/are crossed or 5% to nil

reached: 8: Notified Details

A: Voting rights attached to shares Class/ Situation previous Resulting situation after the triggering type of to the triggering transaction shares transaction If possible use ISIN code Number of Number of Number of Number of voting

Percentage of shares voting shares rights voting rights rights Direct Indirect Direct Indirect

GB0033163287 4,500,000 4,500,000 nil nil 0%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ No. of voting Percentage of financial date conversion rights that may be voting rights instrument period/date acquired (if the instrument exercised/ converted) Total (A+B) Number of voting rights Percentage of voting rights nil nil

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:

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: Shares sold to certain of our private customers in the ordinary course of City Equities' business, acting as Principal. 14 Contact name: Jason Robertson. 15. Contact telephone name: 020 7489 5555