Holding(s) in Company

Braemar Shipping Services PLC
26 September 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



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


Braemar Shipping Services PLC


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


An acquisition or disposal of voting rights: (Y)


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


An event changing the breakdown of voting rights: (N)


Other (please specify): (N)


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


Barclays PLC


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



Barclays Capital Securities Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd


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


20/09/07


6.      Date on which issuer notified:


21/09/07



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


6% to 7%


8.      Notified details:



A:   Voting rights attached to shares


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

GB0000600931                      1,429,224                          1,429,224



Resulting situation after the triggering transaction (vii)


Class/type of shares if         Number of shares         Number of voting rights (ix)  % of voting rights
possible using the ISIN CODE
                                indirect                 Direct (x)  Indirect (xi)     Direct    Indirect

GB0000600931                    1,448,658                            1,448,658                   7.08%


B:   Financial Instruments

Resulting situation after the triggering transaction (xii)


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


Total (A+B)


Number of voting rights           % of voting rights

1,448,658                         7.08%



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


Barclays Capital Securities Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd



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:



Geoff Smith



15.    Contact telephone number:



020 7116 2913




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