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Notification of Interest

25 Jan 2008 16:43

Meridian Petroleum PLC25 January 2008 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer Meridian Petroleum Plcof existing shares to which voting rights areattached: 2. Reason for the notification: An acquisition or disposal of voting rights 3. Full name of person(s) subject to the Barclays PLCnotification obligation: 4. Full name of shareholder(s) (if different from Barclays Stockbrokers Ltd3): Gerrard Investment Management Ltd 5. Date of the transaction (and date on which the 23rd January 2008threshold is crossed or reached if different): 6. Date on which issuer notified: 24th January 2008 7. Threshold(s) that is/are crossed or reached: 11% to 10% 8. Notified details: A: Voting rights attached to sharesClass/type Situation previous to the Resulting situation after the triggeringof shares Triggering transaction transactionif possibleusing the Number of Number of Number of Number of voting % of votingISIN CODE Shares Voting Rights shares rights rights Direct Direct Indirect Direct IndirectGB00B01D7F15 10,749,184 10,749,184 10,504,774 0 10,504,774 0.00 10.88 B: Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights Total (A+B)Number of voting rights % of voting rights 10,504,774 10.88 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:Barclays Stockbrokers LtdGerrard Investment Management Ltd 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: Geoff Smith 15. Contact telephone number: 020 7116 2913 This information is provided by RNS The company news service from the London Stock Exchange

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