Holding(s) in Company

Steppe Cement Limited
24 August 2007


Steppe Cement Limited


Change in Significant Shareholder's Interest


Pursuant to AIM Rule 17, Steppe Cement Limited (the 'Company') has been advised
by Charlemagne Capital (IOM) Limited that on behalf of managed funds it now
holds 3,455,171 shares in the Company being 3.03% of the total shares in issue.


The Company's Nominated Adviser is RFC Corporate Finance Ltd.


Contact: Stephen Allen, ph: [phone]



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