RNS Number : 8811E
  South African Property Opps PLC
  01 October 2008
   

    TR-1:   notification of major interests in shares 

 1. Identity of the issuer or         South African Property Opportunities plc
 the underlying issuer of
 existing shares to which voting
 rights are attached:
 2. Reason for the notification     (please tick the
 appropriate box or boxes)
 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): Due to increase in Issued
 Share Capital
 3. Full name of person(s)                      Moore Macro Fund, LP
 subject to the notification
 obligation:
 4. Full name of shareholder(s)                         N/A
 (if different from 3.):
 5. Date of the transaction (and                      24/09/08
 date on which the threshold is
 crossed or reached if
 different):
 6. Date on which issuer                              01/10/08
 notified:
 7. Threshold(s) that is/are                       3.79% to 4.82%
 crossed or reached:
 8. Notified details:
                                            3.79% to 4.82%


 A: Voting rights attached to shares
 Class/type of shares   Situation previous to the Triggering        Resulting situation after the triggering transaction
  if possible using     transaction 
 the ISIN CODE
                        Number of Shares      Number of Voting      Number of shares   Number of voting      % of voting
                                              Rights                                   rights                rights
                                                                    Direct             Direct     Indirect   Direct   Indirect
     GB00B16GQJ90       2,358,491             2,358,491             3,000,000          3,000,000             4.82%    4.82%

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

 Total (A+B)
 Number of voting rights  % of voting rights
 3,000,000                4.82%



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

 Proxy Voting:
 10. Name of the proxy holder:        Institutional Shareholder Services (ISS)
 11. Number of voting rights proxy       n/a
 holder will cease to hold:
 12. Date on which proxy holder will     n/a   
 cease to hold voting rights:

 13. Additional information:       
 14. Contact name:                 Ian Dungate/Suzanne Jones,
                                   Galileo Fund
                                ServicesLimited
 15. Contact telephone number:    +44 (0)1624 692600



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