Holding in Company

Equest Investments Balkans Ltd
13 March 2008





Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC

1.         Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached:  Equest Investments Balkans Limited

2.         Reason for the notification (please tick the appropriate box or
boxes):

(X )    an acquisition or disposal of voting rights

( )      an acquisition or disposal of financial instruments which may result in
the acquisition of shares already issued to which voting rights are attached

( )      an event changing the breakdown of voting rights

3.         Full name of person(s) subject to the notification obligation: Kairos
Fund Limited

4.         Full name of shareholder(s) (if different from 3.):

5.         Date of the transaction and date on which the threshold is crossed or
reached:29th February 2008

6.         Date on which issuer notified;  13th March 2008

7.         Threshold(s) that is/are crossed or reached: 10% threshold

8.         Notified details:


A) Voting rights attached to shares
Class/type of shares Situation previous to   Resulting situation after the triggering transaction
(if possible using   the Triggering
the ISIN CODE)       transaction
                     Number of   Number of   Number of   Number of voting      % of voting rights
                     Shares      Voting      shares      rights
                                 rights      Direct      Direct     Indirect   Direct     Indirect


SUBTOTAL A (based on 1,696,325   9.79%       1,857,981   1,857,981             10.72%
aggregate voting
rights)



B) Financial Instruments
Resulting situation after the triggering transaction
Type of financial   Expiration Date    Exercise/Conversion   Number of voting       % of voting rights
instrument                             Period/ Date          rights that may be
                                                             acquired if the
                                                             instrument is
                                                             exercised/converted


                                       SUBTOTAL B (in
                                       relation to all
                                       expiration dates)


Total (A+B)                                           number of voting rights    % of voting rights
                                                      1,857,981                  10.72%



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

10.       In case of proxy voting: (name of the proxy holder) will cease to hold
(number) voting rights as of (date).

11.       Additional information:

Done at (place) on (date).




























Annex to the standard form TR-1

a)         Identity of the person or legal entity subject to the notification
obligation:
Full name (including legal form for legal entities)
Contact address (registered office for legal entities)
Phone number
Other useful information (at least legal representative  ................................................
for legal persons)                                       ....

b)         Identity of the notifier, if applicable:
Full name
Contact address
Phone number
Other useful information (e.g. functional relationship
with the person or legal entity subject to the
notification obligation)

c)         Additional information









This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.





























                      This information is provided by RNS
            The company news service from the London Stock Exchange