Notification of major interest in shares

FOR: RAMBLER METALS & MINING PLC AIM SYMBOL: RMM TSX VENTURE SYMBOL: RAB May 9, 2011 Rambler Metals & Mining Plc: Notification of Major Interest in Shares LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - May 9, 2011) - Rambler Metals and Mining Plc (TSX VENTURE:RAB)(AIM:RMM) - --------------------------------------------------------------------------- TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES --------------------------------------------------------------------------- --------------------------------------------------------------------------- 1. Identity of the issuer or the underlying Rambler Metals & Mining Plc issuer of existing shares to which voting rights are attached: --------------------------------------------------------------------------- 2. Reason for the notification (please tick the appropriate box or boxes): --------------------------------------------------------------------------- An acquisition or disposal of voting rights Yes --------------------------------------------------------------------------- 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 Yes --------------------------------------------------------------------------- Other (please specify): --------------------------------------------------------------------------- 3. Full name of person(s) subject Legal & General Group Plc (Group) to the notification obligation: Legal & General (Unit Trust Managers) Limited (UTM) Legal & General Investment Management Limited (LGIM) --------------------------------------------------------------------------- 4. Full name of shareholder(s) (if different from 3.): n/a --------------------------------------------------------------------------- 5. Date of the transaction and date on which the threshold is crossed or reached: 05 May 2011 --------------------------------------------------------------------------- 6. Date on which issuer notified: 06 May 2011 --------------------------------------------------------------------------- 7. Threshold(s) that is/are crossed Group (Above 5%) or reached: LGIM (Above 5%) UTM (Above 5%) --------------------------------------------------------------------------- 8. Notified details: --------------------------------------------------------------------------- A: Voting rights attached to shares --------------------------------------------------------------------------- Class/type of shares Situation previous Resulting situation if possible using the to the triggering after the triggering ISIN CODE transaction transaction ----------------------------------------------------------- Number Number Number Number % of of of of of voting Shares Voting shares voting rights Rights rights ---------------------------------- Direct Indirect Direct Indirect --------------------------------------------------------------------------- ORD GBP0.01 Below 5% LGIM (As at First notification under DTR Source Book) 10,500,000 Below 3% 10,500,000 0.00% 8.51% -------------- Below 5% UTM (As on First Notification under DTR Source Book) --------------------------------------------------------------------------- B: Qualifying Financial Instruments --------------------------------------------------------------------------- Resulting situation after the triggering transaction --------------------------------------------------------------------------- Type of Expiration Exercise/ Number of % of voting Financial date Conversion voting rights rights instrument Period that may be 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 financial Exercise Expiration Exercise/ Number of % of instrument price date Conversion voting voting period rights rights instrument refers to --------------------------------------------------------------------------- Nominal Delta -------------- --------------------------------------------------------------------------- Total (A+B+C) --------------------------------------------------------------------------- Number of voting rights Percentage of voting rights --------------------------------------------------------------------------- 10,500,000 LGIM 8.51% --------------------------------------------------------------------------- 10,500,000 UTM 8.51% --------------------------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: --------------------------------------------------------------------------- Legal & General Group Plc (Direct and Indirect) (Group) (10,500,000 - 8.51% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (10,500,000 - 8.51% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (10,500,000 - 8.51% = Total Position) Legal & General (Unit Trust Managers) Limited (10,500,000 - 8.51% = UTM) Legal & General Group Plc (Direct) (L&G) Legal & General Investment Management Legal & General Insurance Holdings (Holdings) Limited (Direct) (LGIMHD) Limited (Direct) (LGIH) Legal & General Assurance Legal & General Assurance (Pensions Management) Limited (PMC) Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) --------------------------------------------------------------------------- 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: Notification using the total voting rights figure of 123,292,778 --------------------------------------------------------------------------- 14. Contact name: Paul Toon (LGIM) --------------------------------------------------------------------------- 15. Contact telephone number: 020 3124 3854 --------------------------------------------------------------------------- -30- FOR FURTHER INFORMATION PLEASE CONTACT: Paul Toon (LGIM) 020 3124 3854 -0- Rambler Metals & Mining Plc
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