WRES.L Regulatory News (WRES)

25 Oct 2007 14:31

Caspian Holdings plc25 October 2007 Caspian Holdings Plc ("Caspian" or "the Company") Caspian Holdings plc ("the Company") was informed on 25th October 2007, that adirector of the Company, Michael Masterman, acquired 1,800,000 ordinary sharesof £0.01 each (the "Ordinary Shares") at a price of £0.0375 per share on 24thOctober 2007 through a related company in which he has a beneficial interest. Following this share purchase, Mr. Masterman holds a relevant interest in11,900,000 Ordinary Shares in the Company representing an interest of 12 % inthe total voting rights of the Company. In addition, Michael Masterman isinterested in 7,000,000 options over ordinary shares in the Company as follows: Stock Options Held Option Exercise Price Expiry Date2,000,000 £0.23 4 November 20075,000,000 £0.04 31 December 2010 Enquiries: Caspian Holdings Plc Grant Thornton Corporate Hoodless Brennan Parkgreen Communications FinanceMichael Masterman Fiona Owen Luke Cairns Justine HowarthT: +44 (0) 7791 288381 T: +44 (0) 20 7383 5100 T: +44 (0) 20 7538 1166 T: +44 (0) 20 7851 7480www.caspianoil.co.uk This information is provided by RNS The company news service from the London Stock Exchange