Borders & Sth. Regulatory News (BOR)

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

Borders & Southern Petroleum PLC 

2. Reason for the notification   (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights 

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): Fresh start notification in the context of reallocation and threshold related recalculation of reportable holdings due to the new formation of Allianz Group and Commerzbank Group and with regard to the declarations of indepence for Allianz Global Investors Kapitalanlagegesellschaft mbH

X

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

Allianz Global Investors Kapitalanlagegesellschaft mbH

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

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

12 January 2009 

6. Date on which issuer notified:

15 January 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 using the ISIN CODE

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

GB00B08F4599

18,460,000

18,460,000

9.50

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

18,460,000

9.50

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

n/a

Proxy Voting:

10. Name of the 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:

Fresh start notification in the context of reallocation and threshold related recalculation of reportable holdings due to the new formation of Allianz Group and Commerzbank Group and with regard to the declarations of indepence for Allianz Global Investors Kapitalanlagegesellschaft mbH

14. Contact name:

Allianz Global Investors

15. Contact telephone number:

+49 89 1220 7570