Substantial Shareholding

6 Sep 2006 17:06

Avocet Mining PLC06 September 2006 Avocet Mining PLC (the "Company") Notice of Substantial Shareholding The Company has been informed on 6 September 2006 pursuant to the provisions ofthe Companies Act 1985 that AXA S.A. ("AXA") and its group companies holds aninterest in the Company of 10.09%, representing 12,260,657 ordinary shares outof an issued ordinary share capital of 121,576,530 ordinary shares. FurthermoreAXA has informed the Company that these shares are held by the followingcompanies/funds: Company/Fund Number of Shares Held % Interest Sun Life Pensions Management Limited 166,902 0.14%AXA France 225,000 0.19%AXA Rosenburg 4,186,187 3.44%Framlington 7,682,568 6.32% Total 12,260,657 10.09% Alan McFarlaneCompany SecretaryAvocet Mining PLC6 September 2006 This information is provided by RNS The company news service from the London Stock Exchange