Holding(s) in Company

25 Feb 2008 16:25

Polo Resources Limited25 February 2008 25 February 2008 Polo Resources Limited ('Polo Resources' or 'the Company') TR1 Notification The Company (AIM:PRL) was notified on 22 February 2008 by TPG-Axon CapitalManagement, LP of the following interests in the ordinary share capital of PoloResources (VGG678331064). Reason for notification - An acquisition or disposal of voting rights Full name of person(s) subject to the notification obligations - TPG-AxonCapital Management, LP, TPG-Axon GP, LLC, Dinakar Singh, LLC, Dinakar Singh Full name of shareholder if different - TPG-Axon Partners, LP, TPG-Axon Partners(Offshore), Ltd Date of Transaction: 1 February 2008 Threshold crossed or reached 15% Situation previous to the triggering transaction: Number of Shares: 0 Number of Voting Rights: 0 Resulting situation of the triggering transaction: Number of Shares: 108,950,000 Number of Voting Rights (Direct): 0 Number of Voting Rights (Indirect): 108,950,000 Percentage of Voting Rights (Direct): 0 Percentage of Voting Rights (Indirect): 15.3% Enquiries: Polo Resources Limited Tel: +27 79 872 7587 Gordon Cassidy, Company Secretary Canaccord Adams Limited Tel: +44 (0) 207 050 6500 Robin Birchall/Andrew Chubb This information is provided by RNS The company news service from the London Stock Exchange