Sirius Real Estate Regulatory News (SRE)

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:

Sirius Real Estate Ltd

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 

An event changing the breakdown of voting rights

Other (please specify):______________

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

Hound Partners, LLC

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

Hound Partners, LP; Hound Partners Offshore Fund, LP

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

24/04/2009

6. Date on which issuer notified:

27/04/2009

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

6%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GG00B1W3VF54

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

19,888,862

Number of voting rights

19,888,862

Number of shares

19,663,862

Number of voting rights

Percentage of voting rights

Direct

Indirect

19,663,862

Direct

Indirect

6.00%

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

19,663,862

6.00%

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:

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:

14 Contact name:

15. Contact telephone name:

Annex: Notification of major interests in shares

A: Identity of the persons or legal entity subject to the notification obligation

Full name 

(including legal form of legal entities)

Hound Partners, LLC

Contact address 

(registered office for legal entities)

101 Park Avenue, 48th Floor

New York, NY 10178 USA

Phone number & email

(212) 231-8720; cm@houndpartners.com

Other useful information 

(at least legal representative for legal persons)

Christopher Mickelson

B: Identity of the notifier, if applicable

Full name

Christopher Mickelson

Contact address

c/o Hound Partners, LLC

101 Park Avenue, 48th Floor

New York, NY 10178 USA

Phone number & email

(212) 231-8720; cm@houndpartners.com

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information