Holding(s) in Company

For filings with the FSA include the annex  
                                            
For filings with issuer exclude the annex   
                                            

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

1. Identity of the issuer or the underlying issuer of existing    Cadogan     
shares to which voting rights are attached:                     Petroleum plc 
                                                                              

 

2 Reason for the notification (please tick the appropriate box or boxes):     
                                                                              
                                                                              
                                                                              
An acquisition or disposal of voting rights                                  X
                                                                              
                                                                              
                                                                              
An acquisition or disposal of qualifying financial instruments which may      
result in the acquisition of shares already issued to which voting rights     
are attached                                                                  
                                                                              
                                                                              
                                                                              
An acquisition or disposal of instruments with similar economic effect to     
qualifying financial instruments                                              
                                                                              
                                                                              
                                                                              
An event changing the breakdown of voting rights                              
                                                                              
                                                                              
                                                                              
Other (please specify):                                                       
                                                                              

 

3. Full name of person(s) subject to the notification          Jean Benaim    
obligation:                                                                   
                                                                              
                                                                              
                                                                              
4. Full name of shareholder(s) (if different from 3.):        Kellet Overseas 
                                                              Inc.            
                                                                              
                                                              Cynderella      
                                                              Foundation      
                                                                              
5. Date of the transaction and date on which the threshold is  05 April 2011  
crossed or reached:                                                           
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                             06 April 2011   
                                                                              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:                8.12%          
                                                                              
                                                                              
                                                                              


 

8. Notified details:                                                                 
                                                                                     
A: Voting rights attached to shares                                                  
                                                                                     
                                                                                     
                                                                                     
Class/type   Situation previous    Resulting situation after the triggering          
of           to the triggering     transaction                                       
shares       transaction                                                             
                                                                                     
                                                                                     
if possible  Number     Number     Number     Number of voting        % of  voting   
using        of         of         of shares  rights                  rights         
the ISIN     Shares     Voting                                                       
CODE                    Rights                                                       
                                   Direct     Direct      Indirect    Direct Indirect
                                                                                     
                                                                                     
                                                                                     
                                                                                     
GB00B12WC938 17,500,000 17,500,000 18,787,886  18,787,886  18,787,886  8.12%         
                                                                                     
                                                                                     
                                                                                     

 

B: Qualifying Financial Instruments                                           
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of financial  Expiration  Exercise/   Number of voting       % of voting 
instrument         date        Conversion  rights that may be     rights      
                               Period      acquired if the                    
                                           instrument is                      
                                           exercised/ converted.              
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

Total (A+B+C)                                                                 
                                                                              
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
18,787,886                          8.12%                                     
                                                                              

 

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

 

Proxy Voting:                                                                 
                                                                              
                                                                              
                                                                              
10. Name of the proxy holder:                                                 
                                                                              
                                                                              
                                                                              
11. Number of voting rights proxy holder will cease to hold:                  
                                                                              
                                                                              
                                                                              
12. Date on which proxy holder will cease to hold voting rights:              
                                                                              
                                                                              
                                                                              

 

13. Additional information:                                                   
                                                                              
                                                                              
                                                                              
14. Contact name:                                  Stefan Bort                
                                                                              
                                                                              
                                                                              
15. Contact telephone number:                      [phone]