RAB Capital plc

Holding(s) in Company

RAB Capital plc
07 March 2007


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

RAB Capital PLC

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: (Yes)

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

An event changing the breakdown of voting rights: (No)

Other (please specify): (No)

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

TIAA-CREF Investment Management, LLC on behalf of the College Retirement
Equities Fund ("CREF") - CREF Global Equities

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


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):


6. Date on which issuer notified:


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


8. Notified details:


A: Voting rights attached to shares

Class/type of shares if possible        Situation previous to the
using the ISIN CODE                    Triggering transaction (vi)
                                   Number of     Number of voting
                                   shares        Rights (viii)

GB0034367325                        15,709,443            15,709,443

Resulting situation after the triggering transaction (vii)

Class/type of shares Number of shares  Number of voting rights (ix) % of voting rights
if possible using

                     Direct            Direct (x)   Indirect (xi)   Direct    Indirect

GB0034367325              15,509,443   15,509,443                      2.98%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

N/A         N/A              N/A                 N/A                  N/A

Total (A+B)
Number of voting       % of voting
rights                 rights

          15,509,443              2.98%
                       (Below 3%)

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

The College Retirement Equities Fund ("CREF") sold 200,000 shares of RAB Capital
PLC on 02 March 2007, bringing its total holding to 15,509,443 shares. CREF owns
these shares through one of its investment accounts, the Global Equities

CREF is a U.S. based investment company, which is registered with the Securities
and Exchange Commission ("SEC"). CREF has multiple investment accounts, each
with separate investment objectives and policies. All assets in the accounts are
beneficially owned by CREF, and all the accounts are managed by TIAA-CREF
Investment Management, LLC, a SEC registered investment adviser.

Proxy Voting:

10. Name of the proxy holder:

Equitable Nominees Limited

11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:

Based on the total voting rights and total issued Share Capital of RAB Capital
PLC of 519,849,465 Ordinary Shares of £0.001 each in issue.

14. Contact name:

Christine Daniels, Company Secretary

15. Contact telephone number:

020 7389 7134

                      This information is provided by RNS
            The company news service from the London Stock Exchange