RNS Number:2332G
Braemore Resources PLC
23 October 2007

23 October 2007



                     Braemore Resources plc ("the Company")

                               Holding in Company



The Company was notified on 19 October 2007 by RAB Capital plc, acting as
investment manager for RAB Special Situations (Master) Fund Limited, that it no
longer has a notifiable interest in the issued ordinary share capital of the
Company.



RAB Capital plc does not act as custodian for its clients and therefore the
shares are held in the nominee name of the custodian of its clients, which is
Credit Suisse Client Nominees (UK) Limited.





                                    - end -




For further information please visit www.braemoreresources.com or enquire to:


Braemore Resources plc

Mr Hamish Bohannan, Managing Director                      +61 (8) 9218 8833
Mr Anthony Samaha, Director                                +44 (0) 207 766 7555


Nabarro Wells & Co Limited

Hugh Oram / Anthony Rowland                                +44 (0) 207 710 7400


Parkgreen Communications

Justine Howarth                                            +44 (0) 207 7851 7480




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

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