Holding(s) in Company

Ferrexpo PLC
02 July 2007


TR - 1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Ferrexpo plc

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: (Yes)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to 
which voting rights are attached: (No)

An event changing the breakdown of voting rights: (No)

Other (please specify): (No)

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

Credit Agricole Cheuvreux International Ltd

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

Credit Agricole Cheuvreux International Ltd

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

20 June 2007

6. Date on which issuer notified:

22 June 2007 (received 29 June 2007)

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

Holding after transaction went through transaction threshhold

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible              Situation previous to the
Using the ISIN Code                           Triggering transaction

                                              No of          No of
                                              Shares         voting rights

GB00B1XH2C03                                  -                -

Resulting situation after triggering the transaction:

Class/type of shares   No of shares   No of voting rights    % of voting rights
if possible using
the ISIN Code

                       Direct         Direct          Indirect Direct  Indirect

GB00B1XH2C03           20,000,000       20,000,000       N/a      3.29          -

B: Financial Instruments

Resulting situation after the triggering transaction

Type of        Expiration     Exercise/      Number of voting       % of voting
Financial      date            conversion     rights that may be     rights
Instrument                     period/date    acquired if the
                                              instrument is
                                              Exercised/converted
-              -              -              -                      -

Total (A+B)

Number of voting rights                       % of voting rights
20,000,000                                     3.29%

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

SAS Rue La Boetie
Credit Agricole SA
Calyon SA
Credit Agricole Cheuvreux SA - 20,000,000 - 3.29%

Proxy Voting

10. Name of 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:

None

14. Contact name:

Karen Browne

15. Contact telephone number:

+00 44 207 214 5282





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