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Re: Holding in Company

1 Mar 2005 17:14

Ormonde Mining PLC01 March 2005 Ormonde Mining Plc 01 March 2005 Re: Holding in Company A Letter from Gartmore Investment Management Plc dated 21 February 2005 toOrmonde Mining Plc, received by Ormonde Mining Plc on the 01 March 2005. We, Gartmore Investment Limited (GIL), Gartmore Fund Managers Limited (GFM) andGartmore Global Partners (GGP), write to advise you pursuant to Section 67 ofthe Irish Companies Act 1990, that we have decreased our reportable interest inyour company by virtue of a sale of 1,000,000 shares at EUR .1836 on the 16thFebruary 2005 and a sale of 400,000 shares at EUR .1656 on the 18th February2005 . 1. This notification relates to the ordinary EUR0.025 share capital ofOrmonde Mining Plc. 2. The identities of the beneficial holders of these shares and the numberof shares held by each holder, so far as is known at the date of thisnotification, are shown on the attached schedule. 3. The percentages quoted on the attached schedule are based on your newissued share capital of 121,928,715 as advised to us by Exshare FinancialLimited. 4. The total number of shares comprises the aggregated holdings controlledby GIL,GFM and GGP, as discretionary investment managers of the clients andclient funds listed on the attached schedule and; accordingly having power inrespect of the shares and power to dispose of them. 5. The shares are held for investment purposes only for the clients andclient funds concerned and we do not know of anyone who is party to anyagreement to which Section 73 of the "Act" applies. Alan Buddles Head of Restrictions and Disclosures Unit Gartmore Investment Management Plc Current Holdings by Fund Manager Security:Ormonde Mining (IRE-EX) Ord Eur0.025 Fund Number of Issued Share % of Issue UK Registered Fund Beneficial OwnerManaging Co. Shares Held Capital Capital OwnerGartmore 4,740,000 3.888% HSBC Global 56890 Gartmore Fund Managers Ltd AFund Custody /C Gartmore UK & IrishManagers Nominee UK Smaller Companies FundLimited Ltd 4,740,000 3.888%Gartmore 3,200,000 2.624% Nortrust 66550 Gartmore Irish Growth FundInvestment Nominees Ltd PlcLimited Gartmore 80,000 0.066% BNY GIL CLS A GAGID Gartmore Absolute Growth andInvestment /C NOMS LTS Income Trust Plc (Growth)Limited GAGIG 3,280,000 2.690% 8,020,000 121,928,715 6,578% This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange

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