Holding(s) in Company

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:
 
Metals Exploration plc
 
2. Reason for the notification
 
Change to issued share capital
 
3. Full name of person(s) subject to the notification obligation:
 
Majedie Investments plc
 
4. Full name of shareholder(s) (if different from 3):
 
ROY Nominees Ltd
(a/c designation: 564000)
 
5. Date of the transaction (and date on which the threshold is
crossed or reached if different):
 
14 January 2009
 
6. Date on which issuer notified:
 
15 January 2009
 
7. Threshold(s) that is/are crossed or reached:
 
Below 4%
 
8. Notified details:
 
A: Voting rights attached to shares
 
Class/type   Situation of     Resulting Situation after the
of shares if previous to the  triggering transaction
possible     Triggering
using ISIN   transaction
code         Number Number of Number Number of voting % of voting
             of     voting    of     rights           rights
             shares rights    shares Direct Indirect  Direct Indirect
GB00B0394F60        5,150,000               5,150,000         3.119
 
B: Financial Instruments
 
Resulting Situation after the triggering transaction
Type of    Expiration Exercise /   Number of Voting rights     % of
Financial  Date       Conversion   that may be acquired if the voting
Instrument            Period /Date instrument is exercised /   rights
                                   converted
 
Total (A + B)
 
Number of Voting Rights % of voting rights
       5,150,000              3.119
 
9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held, if applicable.
 
N/A
 
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:
 
N/A
 
14. Contact name:
 
-
 
15. Contact telephone number:
 
-
 
Metals Exploration plc        020 7927 6690
Jonathan Beardsworth
 
Hanson Westhouse Limited      0113 246 2610
Tim Feather / Matthew Johnson
 
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.