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Ocean Res Cap Hldgs (OCE)

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Thursday 27 October, 2005

Ocean Res Cap Hldgs

Holding(s) in Company

Ocean Resources Capital HoldingsPLC
27 October 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)         Name of company

           OCEAN RESOURCES CAPITAL HOLDINGS PLC

2)         Name of shareholder having a major interest

           QVT FUND LP

3)         Please state whether notification indicates that it is in respect of
           holding of the shareholder named in 2 above or in respect of a 
           non-beneficial interest or in the case of an individual holder if it 
           is a holding of that person's spouse or children under the age of 18

           SHAREHOLDER IN 2) ABOVE

4)         Name of the registered holder(s) and, if more than one holder, the
           number of shares held by each of them

           SHAREHOLDER IN 2) ABOVE

5)         Number of shares/amount of stock acquired

           7,633,151

6)         Percentage of issued class

           8.95%

7)         Number of shares/amount of stock disposed

           N/A

8)         Percentage of issued class

           N/A

9)         Class of security

           ORDINARY SHARES OF 1 PENCE EACH

10)        Date of transaction

           NOT DISCLOSED

11)        Date company informed

           25 OCTOBER 2005

12)        Total holding following this notification

           16,258,151 SHARES

13)        Total percentage holding of issued class following this notification

           19.07%

14)        Any additional information



15)       Name of contact and telephone number for queries

          DAVID HUTCHINS, CHIEF EXECUTIVE, OCEAN RESOURCES CAPITAL HOLDINGS
          PLC - 020 7514 1490

16)       Name and signature of authorised company official responsible for
          making this notification

          DAVID HUTCHINS, CHIEF EXECUTIVE


          Date of notification 27 OCTOBER 2005


                      This information is provided by RNS
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