MXP.L Regulatory News (MXP)

29 Jan 2007 14:31

Max Petroleum PLC29 January 2007 Max Petroleum Plc ("Max Petroleum" or "the Company") Notifiable Interest Section 198 Companies Act 1985 ("the Act") Restatement of Interest Arising from a change in disclosure requirements, on 24 January 2007 the Companywas notified by Credit Suisse Securities (Europe) Ltd of a restatement of itsholding: Disclosure previously made to Max Petroleum, included a holding of 4,096,770shares under section 208 (5) of the Companies Act by virtue of a right toredelivery of equivalent securities under stock lending arrangements. Under DTR5.1.3 such holdings are no longer considered a disclosable interest. As of 24 January 2007 Credit Suisse Securities (Europe) Limited had a restatedinterest in 26,338,218 Ordinary Shares of 0.01p each in Max Petroleum,representing 8.59% of the total issued share capital of the Company. Increase in Interest The Company was further notified by Credit Suisse Securities (Europe) Limited on29 January 2007 of an increase in their direct holding by 1,050,000 shares to27,388,218 Ordinary Shares of 0.01p each in Max Petroleum, representing 8.94% ofthe total issued share capital of the Company. 29 January 2007 Enquiries: Max Petroleum PLC Michael B. Young T: +44 (0)20 7355 9590 Chief Financial Officer Peter Moss T: +44 (0)7834 572837 Investor Relations ManagerPelham Public Relations Charles Vivian T: +44 (0)20 7743 6672 E : Charles.vivian@pelhampr.com Alisdair Haythornthwaite T : +44 (0) 20 7743 6676 E: Alisdair.haythornthwaite@pelhampr.com WH Ireland Ltd Paul Dudley T : +44 (0) 20 7220 1666 E : paul.dudley@wh-ireland.co.uk This information is provided by RNS The company news service from the London Stock Exchange