RNS Number : 3164V
  Premier Renewable Energy Fund Ltd
  27 May 2008
   


 TR-1: Notifications of Major Interests in Shares

                                                       Premier Renewable Energy Fund Limited
 1. Identity of the issuer or the underlying issuer
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)
                                                                             YES
 An acquisition or disposal of voting rights

 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): 
                                 New Star Asset Management Limited
 3. Full name of person(s)
 subject to notification
 obligation:

 4. Full name of shareholder(s)
 (if different from 3):
                                 21 May 2008
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                 27 May 2008
 6. Date on which issuer
 notified:
                                 10 %
 7. Threshold(s) that is/are
 crossed or 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 use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                             rights                                  rights                 rights

                                                                                     Direct  Indirect       Direct        Indirect

 Ordinary     750,000   750,000  - -    1,500,000     11.44 %
 GB00B29LC017

 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)
   -                             -                                 -    -                     -


 Total (A+B)

 Number of voting rights  Percentage of voting rights
 1,500,000                11.44 %

 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 proxy holder:                                      Not Applicable

 11. Number of voting rights proxy holder will cease to hold:   Not Applicable

 12. Date on which proxy holder will cease to hold voting       Not Applicable
 rights:


 13. Additional information:

 14 Contact name:                Anson Fund Managers Limited

 15. Contact telephone naumber:  01481 722260



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The company news service from the London Stock Exchange
 
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