Holding(s) in Company

22 Mar 2007 12:50

Metals Exploration PLC22 March 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Metals Exploration Plc................. 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( X ) ...Notification under DTR Rule 5.8.3R.............. 3. Full name of person(s) subject to the notification obligation (iii): Allianz SE................. 4. Full name of shareholder(s) (if different from 3.) (iv): Allianz Cornhill Insurance PLC 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): ................. 6. Date on which issuer notified: 21/03/2007................. 7. Threshold(s) that is/are crossed or reached: 10%................. 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction (vi)using the ISIN CODE Number of shares Number of voting Rights (viii) Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rightspossible using the ISIN CODE Direct (x) Indirect (xi) Direct Indirect GB00B0394F60 8191919 8191919 10.70 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial (xiii) Period/ Date (xiv) that may be acquired if theinstrument instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 8191919 10.70 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): Allianz SE is the ultimate holding company of Allianz Cornhill Insurance plc ("Cornhill").The shares in Cornhill are held by Allianz UK Limited, which is adirect subsidiary of Allianz Europe Limited ("Allianz Europe") which is itself a66.66% owned subsidiary of Allianz SE.. The other 33.33% of shares in AllianzEurope are owned by AllianzLebensvericherungs AG ("Allianz Leben"), a directsubsidiary of Jota Vermogensverwaltungs GmbH ("Jota"), which is itself a directsubsidiary of Allianz SE.................. 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: ...Steven Smith.............. 15. Contact telephone number: ...07797 721 858.............. This information is provided by RNS The company news service from the London Stock Exchange