Leed Resources Regulatory News (LDP)

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:

Leed Petroleum plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights 

Yes

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

No

An event changing the breakdown of voting rights

No

Other (please specify): 

No

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

F&C Asset Management plc 

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

See box 9 below

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

Placing 29/07/2008; admittance of shares to the Market 05/08/2008

6. Date on which issuer notified:

06/08/2008

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 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

GB00B1YWMM41

13,367,500

13,367,500

14,467,500

-

14,467,500

-

5.24

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

Total (A+B)

Number of voting rights

Percentage of voting rights

14,467,500

5.24%

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

Proxy Voting:

10. Name of proxy holder:

F&C Asset Management plc 

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:

Leed Petroleum PLC

Howard Wilson, President and Chief Executive

+1 337 314 0700

James Slatten, Chief Operating Officer

+1 337 314 0700

Matrix Corporate Capital LLP

Alastair Stratton

+44 20 3206 7204 

Tim Graham

+44 20 3206 7206 

Pelham Public Relations

Alisdair Haythornthwaite

+44 20 7743 6676

Evgeniy Chuikov

+44 20 3008 5506