PPC.L Regulatory News (PPC)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Meridian Petroleum Plc

2. Reason for the notification: 

An acquisition or disposal of voting rights

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

Barclays PLC

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

Barclays Stockbrokers Ltd

Gerrard Investment Management Ltd

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

13/05/08

6. Date on which issuer notified:

14/05/08

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

11% to 12%

8. Notified details:

n/a

A: Voting rights attached to shares

Class/type of shares 

 if possible using the 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 

% of voting rights

Direct

Indirect 

Direct

Indirect

GB00B01D7F15

11,532,769

11,532,769

11,690,751

0

11,690,751

0.00%

12.11%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument 

Expiration date

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

n/a

n/a

n/a

n/a

n/a

Total (A+B)

Number of voting rights

% of voting rights

11,690,751

12.11%

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

Barclays Stockbrokers Ltd

Gerrard Investment Management Ltd

PROXY VOTING: 

10. Name of the proxy holder:

n/a

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: 

n/a

14. Contact name:

Geoff Smith

15. Contact telephone number:

020 7116 2913