Westmount Engy. Regulatory News (WTE)

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

Westmount Energy 

2. Reason for the notification   (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights 

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 the notification obligation:

Hargreave Hale Limited

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

Discretionary clients

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

24 October 2008

6. Date on which issuer notified:

27 October 2008

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

18%

8. Notified details:

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 viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Indirect

Direct x

Indirect xi

Direct

Indirect

Ordinary / 

GB00B0S5KR31

1,253,500

1,253,500

1,262,000

1,262,000

18.0795%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

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

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

1,262,000

18.0795%

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

700,000 of these shares are for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis.  The remaining balance is held on behalf of other discretionary clients.

Proxy Voting:

10. Name of the 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:

The denominator used in calculating the percentage holding is 6,980,300 TVR, as reported by the company on 31 July 2008.

14. Contact name:

David Clueit

15. Contact telephone number:

01253 754739

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

Full name (including legal form for legal entities)

Hargreave Hale Limited

Contact address (registered office for legal entities)

Marsden House

4-10 Springfield Road

Blackpool FY1 1 QW

Phone number 

01253 621575

Other useful information (at least legal representative for legal persons)

B:  Identity of the notifier, if applicable xvii

Full name 

Contact address 

Phone number 

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

C: Additional information