Holding in Company

For filings with the FSA include the annex                     
For filings with issuer exclude the annex                      

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

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

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                                           N/A
notification obligation: (iii)

4. Full name of shareholder(s)                    Altius Investments Limited. (a wholly owned subsidiary of
 (if different from 3.):(iv)                                         Altius Minerals Corporation)

5. Date of the transaction and date on                                       January 6, 2011
which the threshold is crossed or
reached: (v)

6. Date on which issuer notified:                                            January 6, 2011

7. Threshold(s) that is/are crossed or                                           12% to 0%
reached: (vi)(vii)

8. Notified details:

A: Voting rights attached to shares (viii)(ix)

Class/type of          Situation previous                Resulting situation after the triggering transaction
shares                 to the triggering
                       transaction
if possible using
the ISIN CODE
                       Number           Number           Number      Number of voting   % of  voting rights (x)
                       of               of               of shares   rights
                       Shares           Voting
                                        Rights
                                                         Direct      Direct (xi) Indirect (xii) Direct  Indirect
Common Shares          12,000,000       12,000,000       0           0           0              0       0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv)(xvi)

Resulting situation after the triggering transaction
Type of financial    Exercise      Expiration    Exercise/     Number of voting rights   % of voting rights (xix)
instrument           price         date (xvii)   Conversion    instrument refers to      (xx)
                                                 period (xviii)                                  
                                                                                         Nominal       Delta

Total (A+B+C)

Number of voting rights                                       Percentage of voting rights
0                                                             0

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

Proxy Voting:

10. Name of the 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 information:                               12 million disposition through trade on London's AIM

14. Contact name:                                                                                   Chad Wells

15. Contact telephone number:                                                                     709-579-8271

Rambler Metals & Mining Plc