RNS Number : 3770Z
  Prospect Japan Fund Ld
  18 July 2008
   

    
TR-1:   notification of major interests in shares 

 1. Identity of the issuer or the underlying          PROSPECT JAPAN FUND LTD
 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                                X
 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          The Goldman Sachs Group, Inc.
 notification obligation:
 4. Full name of shareholder(s) (if different
 from 3.):                                                      Goldman, Sachs & Co.

 5. Date of the transaction (and date on                   15 JULY 2008
 which the threshold is crossed or reached if
 different):
 6. Date on which issuer notified:                         17 JULY 2008
 7. Threshold(s) that is/are crossed or                         15%
 reached:
 8. Notified details:


 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 viii                              rights ix               rights
                                                                    Direct             Direct  x  Indirect xi  Direct  Indirect
     GB00B011QL44            12,827,500              12.50%                                       15,345,000            15.25%

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


 Total (A+B)
 Number of voting rights  % of voting rights
       15,345,000               15.25%




 9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable xv:
 The interest in 15,345,000 shares arose from an interest held by Goldman,
 Sachs & Co., a wholly-owned direct subsidiary of GS Inc, acting as custodian
 for its customers. These shares are, or will be, registered in the name of
 Goldman Sachs Securities (Nominees), Limited.

 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:    General email contact:
                                shareholderdisclosures@gs.com
 14. Contact name:              Sean Rogers / Alan Cox
 15. Contact telephone number:  0207-552-9205 / 0207-774 -8774


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