Holdings in Company

FOR:  RAMBLER METALS & MINING PLC

TSX VENTURE SYMBOL:  RAB
AIM SYMBOL:  RMM

March 22, 2012

Holdings in Company

LONDON, UNITED KINGDOM--(Marketwire - March 22, 2012) - Rambler Metals & Mining Plc (TSX VENTURE:RAB)(AIM:RMM)
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are           Rambler Metals and
attached: (ii)                                              Mining Plc
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2 Reason for the notification (please tick the appropriate box or boxes):
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                                                                      ------
                                                                      ------
An acquisition or disposal of voting rights                               X
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An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which voting
rights are attached
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An acquisition or disposal of instruments with similar economic effect
to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject to the
notification obligation:(iii)              Henderson Global Investors
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4. Full name of shareholder(s)
 (if different from 3.):(iv)
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5. Date of the transaction and date on
which the threshold is crossed or                 21 March 2012
reached:(v)
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6. Date on which issuer notified:                 22 March 2012
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7. Threshold(s) that is/are crossed or
reached:(vi, vii)                                  Crossed 5%
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8. Notified details:
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A: Voting rights attached to shares(viii, ix)
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Class/type
of           Situation previous
shares       to the triggering   Resulting situation after the triggering
             transaction         transaction
             ---------------------------------------------------------------
if possible           Number
using        Number   of
the ISIN     of       Voting     Number    Number of voting  % of voting
CODE         Shares   Rights     of shares rights            rights (x)
                                 -------------------------------------------
                                           Direct Indirect
                                 Direct    (xi)   (xii)      Direct Indirect
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GBP0.50      Below 5% Below 5%                    6,523,142         5.24%

GB00B28ZPV64
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  B: Qualifying Financial Instruments
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  Resulting situation after the triggering transaction
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 Type of financial    Expiration   Exercise/     Number of         % of
 instrument           date(xiii)  Conversion    voting rights    voting
                                  Period(xiv)   that may be      rights
                                                acquired if the
                                                instrument is
                                                exercised/
                                                converted.
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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Type of     Exercise  Expiration  Exercise/      Number of  % of voting
financial   price     date        Conversion     voting     rights (xix, xx)
instrument            (xvii)      period(xviii)  rights
                                                 instrument
                                                 refers to
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                                                            Nominal Delta
                                                            ----------------

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Total (A+B+C)
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Number of voting rights             Percentage of voting rights
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              6,523,142                               5.24%
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  9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:(xxi)
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease
to hold:
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12. Date on which proxy holder will cease to hold
voting rights:
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13. Additional information:
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14. Contact name:                                Patricia Russell
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15. Contact telephone number:                      020 7818 2156
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/T/

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FOR FURTHER INFORMATION PLEASE CONTACT:

Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921

OR

Rambler Metals & Mining Plc.
Corporate Office
[phone]
[phone] (FAX)
www.ramblermines.com

OR

Seymour Pierce Limited
Nandita Sahgal / Jeremy Stephenson
[phone]

OR

Pelham Bell Pottinger
Charles Vivian / Philippe Polman
[phone]

OR

Ocean Equities Limited
Guy Wilkes
[phone]

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Rambler Metals & Mining Plc