PPE Proven

RNS Number:4294G
Plectrum Petroleum PLC
26 October 2007



TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying      Plectrum Petroleum Plc
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         Cantor Fitzgerald Europe
notification obligation:                         --------------------
-------------------------------
4. Full name of shareholder(s) (if different     N/A
from 3.):                                        --------------------
-------------------------------
5. Date of the transaction (and date on which    24th October 2007
the threshold is crossed or reached if           --------------------
different):
-------------------------------
6. Date on which issuer notified:                25th October 2007
-------------------------------                  --------------------
7. Threshold(s) that is/are crossed or reached:  Below 10%
-------------------------------                  --------------------
8. Notified details:
-------------------------------                  --------------------




A: Voting rights attached to shares
Class/type Situation previous to the     Resulting situation after the
of shares  Triggering transaction        triggering transaction
if
possible   Number of     Number of       Number Number of       % of voting
using the  Shares        Voting Rights   of     voting rights   rights
ISIN CODE                                shares
                                         Direct Direct Indirect Direct  Indirect
Ordinary    12,471,941   12,471,941       0       0              0.00%
            
                                                   



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


Total (A+B)
Number of voting rights                      % of voting rights
          0                                0.00%




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


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:

14. Contact name:                                      Ross Tanton

15. Contact telephone number:                          020 7894 7214

Annex Notification Of Major Interests In Shares xvi
A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities)      Cantor Fitzgerald
                                                         Europe
Contact address (registered office for legal entities)   17 Crosswall, London
                                                         EC3N 2LB
Phone number                                             020 7894 7854
Other useful information (at least legal representative  Simon Rogers
for legal persons)

B: Identity of the notifier, if applicable
Full name
Contact address
Phone number
Other useful information (e.g. functional relationship with the person or
legal entity subject to the notification obligation)

C: Additional information





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

END
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