Kalahari Minerals - Holding(s) in Company

RNS Number:5839S
Kalahari Minerals PLC
17 April 2008

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Kalahari Minerals Plc

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

An acquisition or disposal of voting rights: ( X )

An acquisition or disposal of financial instruments which may result
in the acquisition of shares already issued to which voting rights are
attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : ( )

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

Blakeney LLP

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

Blakeney LLP as investment
manager of the funds listed under
Appendix 1.

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

15 April 2008

6. Date on which issuer notified:

15 April 2008

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

11.06%

8. Notified details:

Blakeney LLP, as indirect
shareholder, holds 11.06% of
the company.

A: Voting rights attached to shares

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

GB00B117S132 0 0

Resulting situation after the triggering transaction

Class/type of shares Number of shares Number of voting rights % of voting rights
if possible using
the ISIN CODE
Direct Direct Indirect Direct Indirect

GB00B117S132 0 0 17,840,000 0 11.06%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Date Exercise/Conversion Number of voting % of voting
financial Period/ Date rights that may be rights
instrument acquired if the
instrument is
exercised/
converted.

Not applicable.

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

17,840,000 11.06%

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

Please refer to attached spreadsheet.

Proxy Voting:

10. Name of the proxy holder:

Blakeney LLP

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

Not applicable

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

Not applicable

13. Additional information:

14. Contact name:

Michael Mumford

15. Contact telephone number:

0207 352 4117

Appendix 1

Notification of Major Interest in Shares - Kalahari Minerals PLC
Austin Palo
Blakeney Stonechat CC Development Blakeney ONYX LP Ithaca Alpha Heviben Alto
Investors Partners LP Partners LP LP LP LP LP LP Total

No of
Shares
held/
Voting
Rights 3,267,410 709,801 972,220 4,652,734 2,125,709 693,635 1,440,366 2,348,835 1,629,290 17,840,000

Total
Issued
Share
Capital
as at
17/04/08 161,309,130

% of
Total
Issued
Shared
Capital 2.03% 0.44% 0.60% 2.88% 1.32% 0.43% 0.89% 1.46% 1.01% 11.06%

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

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