Strategic Natural Resources

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Notification of Major Interest in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

Strategic Natural Resources plc

2. Reason for the notification:

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation (iii):

Technology Finance Limited

4. Full name of shareholder(s) (if difference from 3):

As above

5. Date of the transaction and date on which the threshold is crossed or reached (v):

10 June 2008

6. Date on which issued notified:

11 September 2008

7. Threshold(s) that is/are crossed or reached:

Below 3%

8. Notified details

n/a

A: Voting rights attached to shares

Class/type of share if possible using the ISIN Code

Ordinary Shares

Situation Previous to the triggering transaction (vi) -

Number of Shares

2,083,333

Number of Voting Rights (viii)

2,083,333

Resulting situation after the triggering transaction (viii) -

Number of Shares

Below 3%

Number of Voting Rights - Direct (x)

Below 3%
Number of Voting Rights - Indirect (xi)

n/a

% of voting rights - Direct

Below 3%

% of voting rights - Indirect

n/a

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument

N/A

Expiration date (xiii)

N/A

Exercise/Conversion Period/Date (xiv)

N/A

Number of voting rights that may be acquired if the instrument is exercised/converted

N/A

% of voting rights

N/A

Total (A+B)

Number of voting rights

Below 3%

% of voting rights

Below 3%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

n/a

Proxy Voting:

10.Name of the proxy holder:

Technology Finance Limited

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:

N/A

14.Contact name:

S. K. Noyon/L. Kiddy

15.Contact telephone number:

+44 (0)1481 736680

For further information contact:

Jeremy P. Metcalfe, Chief Executive
Strategic Natural Resources PLC
Tel: +44(0)1303 874 798

Rod Venables / James Reeve
HB Corporate
Tel: +44 (0) 20 7510 8600

Allan Piper / Andrew Dunn
Tavistock Communications
Tel: +44 (0) 20 7920 3150