Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

FERREXPO PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

No

An event changing the breakdown of voting rights

No

Other (please specify):______________

No

3. Full name of person(s) subject to notification obligation:

WIGMORE STREET INVESTMENTS NO. 3 LIMITED 

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

N/A

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

16 October 2008

6. Date on which issuer notified:

17 October 2008

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

25%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GB00B1XH203

ORDINARY

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

127,409,984

Number of voting rights

127,409,984

Number of shares

147,156,037

Number of voting rights

Percentage of voting rights

Direct

147,156,037

Indirect

NIL

Direct

25.0000003%

Indirect

NIL

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

147,156,037

25.0000003%

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

WIGMORE STREET INVESTMENTS NO. 3 LIMITED (a wholly owned subsidiary of RPG Industries SE)

Proxy Voting:

10. Name of 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:

None

14 Contact name:

Mr Gavin Mackay

15. Contact telephone name:

+44 (0) 20 7389 8300