Dci Advisors Regulatory News (DCI)

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

DOLPHIN CAPITAL INVESTORS LIMITED

2 Reason for the 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

An event changing the breakdown of voting rights

YES

Other (please specify):

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

FIR TREE, INC.

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

See box 9 below

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

11 JUNE 2015

6. Date on which issuer notified:

15 JUNE 2015

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

FROM ABOVE 5% TO BELOW 5%

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

VGG2803G1 028

38,425,000

38,425,000

38,425,000

38,425,000

4.24%

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

US$ 2,020,000 of

convertible bonds

US$0.7239

Maturity

31.03.2016

Convertible until 22.03.16

2,790,441 (approx)

Nominal

Delta

0.30%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

41,215,441

4.55%

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

FIR TREE, INC., investment manager of:-

Fund

Fir Tree REF Ill Master Fund, LLC

Fir Tree Value Master Fund, L.P.

Fir Tree Capital Opportunity Master Fund, L.P. ("FCO")

No. of voting rights

attached to shares

440,000

37,985,000

No. of voting rights

through convertible

bonds

2,790,441

% of voting rights

0.04%

4.19%

0.30%

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:

Calculation based on:

· 904,626,856 total shares in issue.

· FCO holds convertible bonds convertible to approx. 2,790,441 shares (based on conversion price: US$ 0.7239)

· If FCO exercised all convertible bonds held (and assuming no other convertible bonds or warrants had been exercised), the funds described at box 9 above would hold a combined total 4.55% of voting rights in the then issued share capital

The figures set out herein have been truncated to two decimal places

14. Contact name:

Martin T. Towey, Fir Tree Inc.

15. Contact telephone number:

+1 212-220-1645