Holding(s) in Company

9 Feb 2007 14:06

Faroe Petroleum PLC09 February 2007 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company FAROE PETROLEUM PLC 2. Name of shareholder having a major interest LANSDOWNE PARTNERS LIMITED 3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 LANSDOWNE UK EQUITY FUND LIMITED (4.78%) / OTHER CLIENT FUNDS MANAGED BYLANSDOWNE PARTNERS LIMITED PARTNERSHIP (0.23%) 4. Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of them MORSTAN NOMINEES LTD 5. Number of shares / amount of stock acquired NOT DISCLOSED 6. Percentage of issued class NOT DISCLOSED 7. Number of shares / amount of stock disposed NOT DISCLOSED 8. Percentage of issued class NOT DISCLOSED 9. Class of security ORDINARY SHARES OF 10 PENCE EACH 10. Date of transaction 07/02/2007 11. Date company informed 08/02/2007 12. Total holding following this notification 3,698,120 13. Total percentage holding of issued class following this notification 5.01% 14. Any additional information N/A 15. Name of contact and telephone number for queries Julian Riddick - 01224 652 810 16. Name and signature of authorised company official responsible for makingthis notification Julian Riddick, Company Secretary Date of notification 09/02/2007 This information is provided by RNS The company news service from the London Stock Exchange