Holding(s) in Company

26 Mar 2007 15:25

Petrel Resources PLC26 March 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Petrel Resources 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 for the FSA 20th March 2007 Deadline 3. Full name of person(s) subject to the notification obligation: Gartmore Investment Limited 4. Full name of shareholder(s) (if different from 3.) : Gartmore Fund Managers Ltd A/C Gartmore UK & Irish smaller companies 4.146% 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 6. Date on which issuer notified: 19 March 2007 7. Threshold(s) that is/are crossed or reached: Below 5% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transactionusing the ISIN CODE Number of shares Number of voting Rights IE0001340177 6% Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rightspossible using the ISIN CODE Direct Direct Indirect Direct Indirect 4,641,760 4,641,760 6.717% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial Period/ Date that may be acquired if theinstrument instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 4,641,760 6.717% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable : 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: 14. Contact name: Alison Averono 15. Contact telephone number: 0207 782 2324 This information is provided by RNS The company news service from the London Stock Exchange