Metals Exploration Regulatory News (MTL)

23 Mar 2007 09:07

Metals Exploration PLC23 March 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Metals Exploration Plc ................. 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : Revised due to DTR rules - see section 13 ( X ) ................. 3. Full name of person(s) subject to the notification obligation (iii): FMRCorp ................. 4. Full name of shareholder(s) (if different from 3.) (iv): Mellon Bank NA ................. 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): revised due to DTR rules ................. 6. Date on which issuer notified: 16th March 2007 ................. 7. Threshold(s) that is/are crossed or reached: n/a ................. 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction (vi)using the ISIN CODE Number of shares Number of voting Rights (viii) ISIN GB00B0394F60 3945316 3945316 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rightspossible using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect 3945316 5.15% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial (xiii) Period/ Date (xiv) that may be acquired if theinstrument instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 3945316 5.15% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): Proxy Voting: FMR Corp, which is the parent holding company of Fidelity Management & researchcompany (FMRCO) and Fidelity management Trust Company (FMTC) 10. Name of the proxy holder: FMR Corp ................. 11. Number of voting rights proxy holder will cease to hold: N/A ................. 12. Date on which proxy holder will cease to hold voting rights: N/A ................. 13. Additional information: As discussed with the FSA, prior to theimplementation of the EU transparency directive, we aggregated the interests inshares of FMR Corp (FMR) and Fidelity International Limited (FIL) together forthe purposes of shareholder reporting. According to the new DTR rules we arenow reporting the indirect holdings of FMR and FIL separately. A separationnotification is being submitted for FIL. Please note these holdings are correctas at 14 March 2007 14. Contact name: Steven Smith 15. Contact telephone number: 07797 721 858................. This information is provided by RNS The company news service from the London Stock Exchange