9 April 2008
METALS EXPLORATION
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached:
Metals Exploration plc
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: YES
3. Full name of person(s) subject to the notification obligation:
Credit Agricole Cheuvreux International Ltd
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 if different):
4 April 2008
6. Date on which issuer notified:
8 April 2008
7. Threshold(s) that is/are crossed or reached:
Less than 3%
8. Notified details:
A: Voting rights attached to shares
Class/type Situation of Resulting Situation after the
of shares if previous to the triggering transaction
possible Triggering
using ISIN transaction
code Number of Number of Number Number of % of voting
shares voting of voting rights rights
rights shares Direct Indirect Direct Indirect
GB00B0394F60 2,916,710 2,916,710 below
3%
B: Financial Instruments
Resulting Situation after the triggering transaction
Type of Expiration Exercise / Number of Voting rights % of
Financial Date Conversion that may be acquired if the voting
Instrument Period /Date instrument is exercised / rights
converted
Total (A + B)
Number of Voting Rights % of voting rights
below 3% below 3%
9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held, if applicable
SAS Rue La Boétie below 3%
Crédit Agricole SA
Calyon SA
Crédit Agricole Cheuvreux
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:
Alison McLeod
15. Contact telephone number:
020 7214 6518
Metals Exploration plc +44 (0)20 7927 6690
Jonathan Beardsworth, CEO +44 (0)7747 101 552
Hanson Westhouse Limited +44 (0)113 246 2610
Tim Feather / Matthew Johnson
---END OF MESSAGE---

