Notification of Interests

28 Mar 2008 17:59

LonZim PLC28 March 2008 28 March 2008 LONZIM PLC 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: LonZim Plc 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: (X) 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): ( ) ................. 3. Full name of person(s) subject to the notification obligation: Ospraie Management, LLC 4. Full name of shareholder(s) (if different from 3): See section 9 below 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 25 March 2008 6. Date on which issuer notified: 27 March 2008 7. Threshold(s) that is/are crossed or reached: 3% and at 1% intervals 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 IM00B28CVH58 1,944,000 5.33% 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 IM00B28CVH58 n/a n/a 1,784,000 n/a 4.89% 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. n/a n/a n/a n/a n/a Total (A+B)Number of voting rights % of voting rights 1,784,000 4.89% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: IN THE NARRATIVE BELOW, THE FIGURES IN BRACKETS INDICATE THE AMOUNT OF VOTINGRIGHTS AND THE PERCENTAGE HELD BY CONTROLLED UNDERTAKINGS WHERE RELEVANT. OSPRAIE MANAGEMENT, LLC (1,784,000; 4.89%), A DISCRETIONARY INVESTMENT MANAGER,IS A CONTROLLER OF THE OSPRAIE PORTFOLIO LTD (892,000; 2.45%). OSPRAIE ADVISORS, L.P. ("OSPRAIE ADVISORS"), A DISCRETIONARY INVESTMENT MANAGER,IS A CONTROLLER OF THE OSPRAIE SPECIAL OPPORTUNITIES MASTER HOLDINGS LTD(892,000; 2.45%). OSPRAIE ADVISORS, LLC, IN ITS CAPACITY AS GENERAL PARTNER, ISA CONTROLLER OF OSPRAIE ADVISORS. OSPRAIE MANAGEMENT, LLC, IN ITS CAPACITY ASMANAGING MEMBER, IS A CONTROLLER OF OSPRAIE ADVISORS, LLC. Proxy Voting: 10. Name of the 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: THE SHARES REFERRED TO IN SECTION 9 ABOVE ARE HELD IN PORTFOLIOS MANAGED BYTHOSE FIRMS ON A DISCRETIONARY BASIS FOR ITS CLIENT. 14. Contact name: Jim Hughes 15. Contact telephone number: +44 (0)20 7016 5105 This information is provided by RNS The company news service from the London Stock Exchange