TR-1(i): NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Empyrean Energy Plc
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation (iii):
Barclays PLC
4. Full name of shareholder(s) (if difference from 3):
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction and date on which the threshold is crossed or reached (v):
20 January 2009
6. Date on which issued notified:
21 January 2009
7. Threshold(s) that is/are crossed or reached:
10% to 9%
8. Notified details
A: Voting rights attached to shares
Class/type of share if possible using the ISIN Code GB00B09G2351
Situation Previous to the triggering transaction (vi) –
Number of Shares 6,385,808
Number of Voting Rights (viii) 6,385,808
Resulting situation after the triggering transaction (viii) –
Number of Shares 6,311,826
Number of Voting Rights – Direct (x) 0
Number of Voting Rights – Indirect (xi) 6,311,826
% of voting rights – Direct 0
% of voting rights – Indirect 9.97
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument N/A
Expiration date (xiii) N/A
Exercise/Conversion Period/Date (xiv) N/A
Number of voting rights that may be acquired if the
instrument is exercised/converted N/A
% of voting rights N/A
Total (A+B)
Number of voting rights 6,311,826
% of voting rights 9.97
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
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