Major Interests

3 May 2007 17:45

Hardy Oil & Gas plc03 May 2007 RNS NumberHardy Oil and Gas plc03 May 2007 For immediate Release 03 May 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Hardy Oil and Gas plc 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation: Universities Superannuation Scheme Ltd. 4. Full name of shareholder(s) (if different from 3): N/A 5. Date of the transaction (and date on which the threshold is crossed or reached if different) : 01/05/2007 6. Date on which issuer notified: 03/05/2007 7. Threshold(s) that is/are crossed or reached: Reached 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to the Triggering transaction Number of shares Number of voting RightsOrdinary sharesB09MB36 1,737,608 1,737,608 Resulting situation after the triggering transactionClass/type of Number of Number of voting % of votingshares shares rights rightsSedol Direct Direct Indirect Direct Indirect B09MB36 1,637,608 1,637,608 0 2.86% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise / Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument Period / exercised/ converted. rights Date Total (A+B) Number of voting rights % of voting rights 1,637,608 32.86% 9. Chain of controlled undertakings through which the voting rightsand/or the financial 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: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: 14. Contact name: Philip Brayne 15. Contact telephone number: 01 51 227 4711 This information is provided by RNS The company news service from the London Stock Exchange