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Eredene Capital PLC (ERE)

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Monday 15 May, 2006

Eredene Capital PLC

Holding(s) in Company

Eredene Capital PLC
15 May 2006


                              Eredene Capital plc

                               Holding in Company

Eredene Capital plc (the 'Company') was informed on 12 May 2006, that following
the acquisition of 48,000,000 ordinary shares in the recent placing, Caledonia
Investments plc ('Caledonia') holds 48,000,000 ordinary shares, representing
19.61% of the Company's issued share capital.

The Company was also notified on 12 May 2006 that The Cayzer Trust Company
Limited ('Cayzer Trust') acquired 7,200,000 ordinary shares in the placing and
now holds 8,000,000 ordinary shares in the Company, which represents 3.27% of
the Company's issued share capital. As a substantial shareholder in Caledonia,
Cayzer Trust is also deemed to be interested in the ordinary shares owned by
Caledonia. Therefore for the purposes of the Companies Act 1985, Cayzer Trust is
deemed to have an interest in 56,000,000 ordinary shares in the Company, which
represents 22.88% of the Company's issued share capital.




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