New Significant Shareholder

Steppe Cement Limited
07 August 2007


Steppe Cement Limited

Notification of New Significant Shareholder


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 3,517,086 shares in the Company being 3.09% of the total issued shares.



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