Eland Oil & Gas Regulatory News (ELA)

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 issuer of existing shares to which voting rights are attached:

Elan Corporation plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

X

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):______________

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

Capital Research and Management Company

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

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

18 September 2008

6. Date on which issuer notified:

19 September 2008

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

Below 3%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

ADRs (US2841312083)

14,255,794

14,255,794

12,627,894

2.6705%

SUBTOTAL A (based on aggregate voting rights)

14,255,794

14,255,794

12,627,894

2.6705%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

N/A

SUBTOTAL B (in relation to all expiration dates)

TOTAL (A+B) (where applicable in accordance with national law) 12,627,894

Number of voting rights

Percentage of voting rights

12,627,894

2.6705%

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

N/A

Proxy Voting:

10. Name of proxy holder:

N/A

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:

14 Contact name:

Done at Los Angeles, California on 19 September 2008

15. Contact telephone name: