Condor Gold Regulatory News (CNR)

Condor Gold plc

7th Floor

39 St James's Street

London

SW1A 1JD

Telephone: +44 020 74081067

Fax: +44 020 74938633

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Condor Gold plc

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

An acquisition or disposal of voting rights

Yes

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

N/A

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

N/A

An event changing the breakdown of voting rights

N/A

Other (please specify):

N/A

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

Regent Pacific Group Limited

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

Regent Pacific Group Limited

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

200,000 shares were acquired on market on 25 March 2013, which did not trigger any disclosure obligation; and further 200,000 shares were acquired on market on 9 April 2013.

6. Date on which issuer notified:

10 April 2013

7. Threshold(s) that is/are crossed orreached: vi, vii

10%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

3,577,274

3,577,274

3,977,274

3,977,274

Nil

10.50%

Nil

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,977,274

10.50%

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

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Stella Fung

15. Contact telephone number:

+852 2514 6111

Condor Gold plc

Mark Child, Executive Chairman and CEO

+44 (0) 20 7408 1067

Luc English, Country Manager Nicaragua & El Salvador

+505 8854 0753

Beaumont Cornish Limited

Ocean Equities Limited

 Roland Cornish

+44 (0) 20 7628 3396

Will Slack

+44 (0) 20 77864385

Farm Street Media

Simon Robinson

+44 (0) 7593 340107