Holding(s) in Company

Rurelec PLC
18 December 2006




                                  Rurelec PLC


                          ('Rurelec' or 'the Company')





                            Holdings (s) in Company



The Company was notified on 15 December 2006, pursuant to Section 198 of the
Companies Act 1985, that Black River Asset Management LLC has a notifibable
interest in 11,495,000 ordinary shares in  the Company representing 16.8% of the
issued share capital.




For further information please contact:

Peter Earl, Managing Director, Rurelec PLC:     Tel: [phone]

Liz Shaw, Finance Director, Rurelec PLC         Tel: [phone]




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