OPHR.L Regulatory News (OPHR)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1. KEY INFORMATION (a) Full name of discloser: Investec Asset Management Limited (b) Owner or controller of interests and short N/Apositions disclosed, if different from 1(a): The naming of nominee or vehicle companies isinsufficient. For a trust, the trustee(s),settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to OPHIR ENERGY PLCwhose relevant securities this form relates: Use a separate form for each offeror/offeree (d) If an exempt fund manager connected with N/Aan offeror/offeree, state this and specifyidentity of offeror/offeree: (e) Date position held/dealing undertaken: 12th February 2015 For an opening position disclosure, state thelatest practicable date prior to thedisclosure (f) In addition to the company in 1(c) above, NOis the discloser making disclosures in respectof any other party to the offer? If it is a cash offer or possible cash offer,state "N/A" 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than oneclass of relevant securities of the offeror or offeree named in 1(c), copytable 2(a) or (b) (as appropriate) for each additional class of relevantsecurity. (a) Interests and short positions in the relevant securities of the offeror orofferee to which the disclosure relates following the dealing (if any) Class of relevant security: Interests Short positions Number % Number % (1) Relevant 5,878,502 1.04securities ownedand/or controlled: (2) Cash-settledderivatives: (3) Stock-settledderivatives(including options)and agreements topurchase/sell: TOTAL: 5,878,502 1.04 All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including tradedoptions), or agreements to purchase or sell relevant securities, should begiven on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors' and otheremployee options) Class of relevant security inrelation to which subscription rightexists: Details, including nature of therights concerned and relevantpercentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities ofthe offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (asappropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant Purchase/sale Number of Price per unit security securities Common Stock Sale 16,474 1.399 GBP0.0025 (b) Cash-settled derivative transactions Class of Product Nature of dealing Number of Price per relevant description reference unit security e.g. opening/closing a securities e.g. CFD long/short position, increasing/reducing a long/short position (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of Product Writing, Number of Exercise Type Expiry Optionrelevant description purchasing, securities price date moneysecurity e.g. call selling, to which per unit e.g. paid/ option varying option American, received etc. relates European per unit etc. (ii) Exercise Class of Product Exercising/ Number of Exercise price relevant description exercised securities per unit security against e.g. call option (d) Other dealings (including subscribing for new securities) Class of relevant Nature of dealing Details Price per unit security (if applicable) e.g. subscription, conversion 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement orunderstanding, formal or informal, relating to relevant securities which maybe an inducement to deal or refrain from dealing entered into by the personmaking the disclosure and any party to the offer or any person acting inconcert with a party to the offer: Irrevocable commitments and letters of intent should not be included. Ifthere are no such agreements, arrangements or understandings, state "none" NONE (b) Agreements, arrangements or understandings relating to options orderivatives Details of any agreement, arrangement or understanding, formal or informal,between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevantsecurities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 13th February 2015 Contact name: IAN GARTSHORE Telephone number: 02075971825 Public disclosures under Rule 8 of the Code must be made to a RegulatoryInformation Service and must also be emailed to the Takeover Panel atmonitoring@disclosure.org.uk . The Panel's Market Surveillance Unit isavailable for consultation in relation to the Code's disclosure requirements on+44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .