Strategic Natural Resources PLC

Notification of Major Interest in Shares

Thursday 17th July, 2008
Category : Regulator News Service

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):

RAB Capital Plc acting as a discretionary manager of RAB Octane (Master) Fund Limited

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

Credit Suisse Client Nominees (UK) Limited

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

26 June 2008

6. Date on which issued notified:

16 July 2008

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

8. Notified details

n/a

A: Voting rights attached to shares

Class/type of share if possible using the ISIN Code

GB00B1VQ5F36

Situation Previous to the triggering transaction (vi) -

Number of Shares

n/a

Number of Voting Rights (viii)

n/a

Resulting situation after the triggering transaction (viii) -

Number of Shares

Number of Voting Rights - Direct (x)

Number of Voting Rights - Indirect (xi)

3,358,333

% of voting rights - Direct

% of voting rights - Indirect

5.17

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

3,358,333

% of voting rights

5.17

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

RAB Capital Plc acts as investment manager for RAB OCTANE (MASTER) FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is .

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:

N/A

14.Contact name:

Legal Team

15.Contact telephone number:

+44 20 7389 7000

For further information contact:

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

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

Rod Venables / Cecil Jordaan
HB Corporate
Tel: +44 (0) 20 7510 8600

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