NOTIFICATION OF MAJOR INTEREST IN SHARES

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For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		EnQuest PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Lorito Holdings (Guernsey) Limited & Zebra Holdings and Investments (Guernsey) Limited both of 1st & 2nd Floors, Elizabeth House, Les Ruettes Brayes, St Peter Port, Guernsey GY1 1EW
4. Full name of shareholder(s) (if different from 3.):^iv	N/A
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	4 November 2011
6. Date on which issuer notified:	4 November 2011
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	5 % (Article 9 of Directive 2004/109/EC)

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


Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	Notification is based on a total voting rights figure of 802,660,757. Lorito Holdings (Guernsey) Limited holds 39,850,000 EnQuest shares Zebra Holdings and Investments (Guernsey) Limited holds -0- EnQuest shares
14. Contact name:	Paul Waters Company Secretary
15. Contact telephone number:	+44(0)20 7925 4900

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