Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

1. Identity of the issuer or the underlying issuer of existing   Cadogan      
shares to which voting rights are attached:                      Petroleum 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             Lloyds Banking Group plc 
notification obligation:                                                      
                                                                              
                                                                              
                                                                              
4. Full name of shareholder(s) (if different from    See Section 9.           
3.):                                                                          
                                                                              
                                                                              
                                                                              
5. Date of the transaction and date on which the     18 July 2011             
threshold is crossed or reached:                                              
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                    19 July 2011             
                                                                              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:      Indirect holdings        
                                                     increased to above 10%   
                                                                              
                                                                              


 

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
Class/type of Situation previous    Resulting situation after the triggering  
shares        to the triggering     transaction                               
              transaction                                                     
                                                                              
if possible   Number     Number     Number Number of voting  % of  voting     
using         of         of         of     rights            rights           
the ISIN CODE Shares     Voting     shares                                    
                         Rights                                               
                                    Direct Direct Indirect   Direct  Indirect 
                                                                              
Ord 3p Shares                                                                 
              21,007,309 21,007,309               23,671,345          10.243% 
GB00B12WC938                                                                  
                                                                              

 

B: Qualifying Financial Instruments                                           
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of financial  Expiration  Exercise/   Number of voting       % of voting 
instrument         date        Conversion  rights that may be     rights      
                               Period      acquired if the                    
                                           instrument is                      
                                           exercised/ converted.              
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

Total (A+B+C)                                                                 
                                                                              
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
23,671,345                          10.243%                                   
                                                                              

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
22,162,223 shares (9.590%) are under the control of Scottish Widows Investment
Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment      
Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd,
a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of
Lloyds Banking Group plc.                                                     
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

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:                                                   
                                                                              
                                                                              
                                                                              
14. Contact name:                                 Stefan Bort                 
                                                                              
                                                  Company Secretary           
                                                                              
15. Contact telephone number:                     0207 487 8301