+--------------------------------------------------+ | TR-1: Notifications of Major Interests in Shares | +--------------------------------------------------+ +-------------------------------------------------------------------+ | 1. Identity of the issuer or the underlying | NEW CITY ENERGY LTD | | issuer of existing shares to which voting | | | rights are attached: | | +-------------------------------------------------------------------+ +-------------------------------------------------------------------+ | | | 2. Reason for notification (yes/no) | |-------------------------------------------------------------------| | | | | An acquisition or disposal of voting rights | | |---------------------------------------------------------------+---| | | | | 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 | RATHBONE BROTHERS PLC | | notification obligation: | | |-------------------------------------------+-----------------------| | | RATHBONE BROTHERS PLC | | 4. Full name of shareholder(s) (if | Rathbone Investment | | different from 3): | Management Ltd | | | Rathbone investment | | | Management (Intl) Ltd | |-------------------------------------------+-----------------------| | | | | 5. Date of transaction (and date on which | N/A | | the threshold is crossed or reached if | | | different): | | |-------------------------------------------+-----------------------| | | 06th November 2009 | | 6. Date on which issuer notified: | | |-------------------------------------------+-----------------------| | | | | 7. Threshold(s) that is/are crossed or | | | reached: | 13% | +-------------------------------------------------------------------+ +-----------------------------------------------------------------------------------+ |8: Notified Details N/A | |-----------------------------------------------------------------------------------| |A: Voting rights attached to shares | | | |-----------------------------------------------------------------------------------| |Class/type of|Situation previous to the |Resulting situation after the triggering| |shares |triggering transaction |transaction | |If possible |----------------------------+----------------------------------------| |use ISIN code|Number of|Number of voting |Number |Number of voting|Percentage of | | |shares |rights |of |rights |voting rights | | | | |shares |----------------+---------------| | | | | | | | | | | | | | |Direct |Indirect|Direct|Indirect| |-------------+---------+------------------+-------+-------+--------+------+--------| |NPV Shares | 6091950 | 6091950 | N/A | N/A |5815550 | | 10.93% | | | | | | | | | | |JE00B2B0SY27 | | | | | | | | +-----------------------------------------------------------------------------------+ +-----------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | | | |-----------------------------------------------------------------------------| |Resulting situation after the triggering transaction | | | |-----------------------------------------------------------------------------| |Type of |Expiration|Exercise/ |No. of voting rights that may |Percentage| |financial |date |conversion |be acquired (if the instrument|of voting | |instrument | |period/date|exercised/converted) |rights | |------------+----------+-----------+------------------------------+----------| |Subscription| N/A | N/A | 1585350 | 2.98% | |Shares | | | | | +-----------------------------------------------------------------------------+ +-------------------------------------------------------+ | Total (A+B) | | | |-------------------------------------------------------| | Number of voting rights | Percentage of voting rights | |-------------------------+-----------------------------| | 7,400,900 | 13.91% | +-------------------------------------------------------+ +-------------------------------------------------------------------+ | 9. Chain of controlled undertakings through which the voting | | rights and /or the financial instruments are effectively held, if | | applicable: | |-------------------------------------------------------------------| | RATHBONE BROTHERS PLC* | | | | Rathbone Investment Management Limited | | 11.74% | | Rathbone Investment Management (International) Limited 2.17% | | | | | | * Rathbone Brothers plc is the holding company of the | | following. | +-------------------------------------------------------------------+ +-------------------------------------------------------------------+ | Proxy Voting: | | | |-------------------------------------------------------------------| | 10. Name of proxy holder: | | | | | |---------------------------------------------------------------+---| | 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 | Percentage of holding of ordinary shares | | information: | is based on denominator 53,196,173 and | | | subscription shares is 53,196,173 | |-----------------------+-------------------------------------------| | 14 Contact name: | COMPLIANCE DEPARTMENT | | | | |-----------------------+-------------------------------------------| | 15. Contact telephone | 020 7399 0000 | | name: | | | | | +-------------------------------------------------------------------+ ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement. Copyright © Hugin AS 2009. All rights reserved.