RNS Number:6766Q
Braemar Shipping Services PLC
25 March 2008



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):



Braemar Shipping Services Plc



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



An acquisition or disposal of voting rights: (YES)



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: (    )



Other (please specify): (    )



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



Legal & General Group Plc (L&G)



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



Legal & General Assurance (Pensions Management) Limited (PMC)



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



19 March 2008



6.      Date on which issuer notified:



20 March 2008



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



From 5% - 4% (L&G)




8.      Notified details:



.........................................



A:   Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)


Ord GBP 0.10                      1,197,120                          1,197,120



Resulting situation after the triggering transaction (vii)


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


Ord GBP 0.10                    1,026,833                1,026,833                      4.98



B:   Financial Instruments

Resulting situation after the triggering transaction (xii)


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






Total (A+B)


Number of voting rights           % of voting rights

            1,026,833                         4.98



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


Legal & General Group Plc (Direct and Indirect) (Group) (1,076,026 -5.22% =
Total Position)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and
Indirect)  (1,076,026 -5.22% = Total Position

Legal & General Investment Management Limited (Indirect) (LGIM) (1,076,026 -
5.22% = Total Position)

                   Legal & General Group Plc (Direct) (L&G) (1,026,833 - 4.98 % = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited      Legal & General Insurance Holdings Limited (Direct)
(Direct) (LGIMHD) (946,933 - 4.59 % = PMC)                    (LGIH)

Legal & General Assurance (Pensions Management) Limited       Legal & General Assurance Society Limited  (LGAS & LGPL)
(PMC) (946,933 - 4.59 % = PMC)

                                                              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 20,596,141



14.    Contact name:



Helen Lewis (LGIM)



15.    Contact telephone number:



020 3124 3851






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

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