Notification of Major Interest in Shares
03 March 2008
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):
UBS Investment Bank
4. Full name of shareholder(s) (if difference from 3):
UBS AG London Branch
5. Date of the transaction and date on which the threshold is crossed or reached (v):
27 February 2008
6. Date on which issued notified:
29 February 2008
7. Threshold(s) that is/are crossed or reached:
7% to 10%
8. Notified details
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
4,800,000
Number of Voting Rights (viii)
4,800,000
Resulting situation after the triggering transaction (viii) -
Number of Shares
6,800,000
Number of Voting Rights - Direct (x)
6,800,000
Number of Voting Rights - Indirect (xi)
0
% of voting rights - Direct
10.46%
% of voting rights - Indirect
0%
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
6,800,000
% of voting rights
10.46%
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:
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
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / Alex Price / James Reeve
+44 (0) 20 3328 5656
Joint Broker - SP Angel Corporate Finance Limited
Emin Eyi / Tercel Moore
+44 (0) 207 647 9646
FTI Consulting
Ben Brewerton / Georgia Mann
+44 (0)207 831 3113