Holding(s) in Company

Lupus Capital plc has received the following notification of a major
interest in its shares.


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):
Lupus Capital plc

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

An acquisition or disposal of voting rights: (No)

An acquisition or disposal of financial instruments which may result
in the acquisition of shares already issued to which voting rights
are attached: (No)

An event changing the breakdown of voting rights: (No)

Other (please specify) : (Revised disclosure )
Initial disclosure

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

4. Full name of shareholder(s) (if different from 3.):
ARVO Master Fund Ltd
SISU Master Fund Ltd

5. Date of the transaction (and date on which the threshold is
crossed or  reached if different) (v):
1 June 2009

6. Date on which issuer notified:
    1 June 2009

7. Threshold(s) that is/are crossed or reached:
4%

8. Notified details:
N/A


A: Voting rights attached to shares


Class/type of shares if possible Situation previous to the Triggering
using the ISIN CODE                        transaction (vi)
Ordinary 0.5p                    Number of shares   Number of voting
                                                    Rights (viii)
                                 52,063,678

                                                    52,063,678



Resulting situation after the triggering transaction (vii)


Class/type of shares if Number of Number of voting    % of voting
possible using the ISIN shares    rights (ix)         rights
CODE
                        Direct    Direct (x) Indirect Direct Indirect
Ordinary 5p                                  (xi)


                        5,206,366                     4.01   N/A
                                  5,206,366
                                             N/A



B: Financial Instruments
Resulting situation after the triggering transaction (xii)


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



Total (A+B)

Number of voting rights % of voting rights

5,206,366               4.01



9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held, if applicable
(xv):
SISU Capital Fund Limited, SISU Capital Fund LP, SISU Capital Fund II
Ltd, ARVO Master Fund, ARVO Master Fund II

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:
  Mr JC Fitzsimmons

15. Contact telephone number:
  0207 290 5950


C: Additional information :
Name of person making this announcement on behalf of Lupus Capital
plc.

Mr J Luetchford
Tel: [phone]

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.