Holding 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(i)

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

2  Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                             Yes

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

An acquisition or disposal of instruments with similar economic effect to qualifying financial           No
instruments           

An event changing the breakdown of voting rights                                                         No

Other (please specify):                                                                                  No

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

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

5. Date of the transaction and date on                                                     6th January 2011
which the threshold is crossed or
reached: (v)

6. Date on which issuer notified:                                                          7th January 2011

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

5%                        

8. Notified details:

A: Voting rights attached to shares (viii)(ix)

Class/type of          Situation previous            Resulting situation after the triggering transaction
shares                 to the triggering
                       transaction
if possible using
the ISIN CODE      Number     Number     Number       Number of voting            % of  voting rights (x)
                   of         of         of shares    rights
                   Shares     Voting
                              Rights
                                         Direct       Direct (xi) Indirect (xii)  Direct       Indirect

GB00B06Y3F14       N/A        N/A        5,584,000                5,584,000                    5.844%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial        Expiration     Exercise/                  Number of voting         % of voting
instrument               date (xiii)    Conversion Period (xiv)    rights that may be       rights
                                                                   acquired if the
                                                                   instrument is
                                                                   exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv) (xvi)

Resulting situation after the triggering transaction

Type of financial  Exercise  Expiration   Exercise/      Number of voting rights   % of voting rights (xix)
instrument         price     date (xvii)  Conversion     instrument refers to      (xx)
                                          period (xviii)                                     
                                                                                   Nominal       Delta

Total (A+B+C)

Number of voting rights                                       Percentage of voting rights

5,584,000                                                     5.844%

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

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:

                                                  All figures are based on the Companies issued share capital
13. Additional information:                                              of 95,545,000 as provided by Exshare

14. Contact name:                                                                                         RDU

15. Contact telephone number:                                                                   0207 782 2224

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation

Full name                                                                     
(including legal form of legal entities)

Contact address                                                  
(registered office for legal entities)

Phone number & email                              

Other useful information                          
(at least legal representative for legal persons)

B: Identity of the notifier, if applicable
Full name                                    

Contact address                                  

Phone number & email                                     

Other useful information  
(e.g. functional relationship with the person or legal
entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.

Rambler Metals & Mining Plc