Beowulf Mining PLC Regulatory News (BEM)

5 Aug 2008 09:49

NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

A form TR-1 containing the following information has been received by the Company.

TR-1 notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Beowulf Mining PLC

2. Reason for the notification

Sale of ordinary shares

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

David Christian Steinepreis

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

Same as 3

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

31 July 2008

6. Date on which issuer notified:

4 August 2008

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

Holding is reduced to less than 3% of ordinary share capital

8. Notified details:

A: Voting rights attached to shares

Class/ Situation previous to the Resulting situation after the triggering type of Triggering transaction transaction

shares if Number of Number of Number of Number of voting % of voting possible Shares Voting Rights shares rights rights using the ISIN CODE Direct Direct Indirect Direct Indirect

Ordinary 3,000,000 3,000,000 1,850,000 1,850,000 Nil 2.3% Nil

B: Financial Instruments N/A

Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % of financial date Conversion be acquired if the instrument is voting instrument Period/ Date exercised/ converted. rights Not ApplicableTotal (A+B)Number of voting rights % of voting rights 1,850,000 2.3%

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

Not Applicable Proxy Voting:10. Name of the Proxy holder: Not Applicable

11. Number of voting rights proxy holder will cease to hold:

Not Applicable

12. Date on which proxy holder cease to hold voting rights:

Not Applicable 13. Additional information:None