Holding in Company

RNS Number : 3195V
Premier Renewable Energy Fund Ltd
27 May 2008

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying Premier Renewable Energy Fund
issuer of existing shares to which voting Limited
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 NEW STAR ASSET MANAGEMENT LIMITED
notification obligation:

4. Full name of shareholder(s) (if different
from 3.):

5. Date of the transaction (and date on which 16 MAY 2008
the threshold is crossed or reached if
different):

6. Date on which issuer notified: 22 MAY 2008

7. Threshold(s) that is/are crossed or
reached: 5 %

8. Notified details:

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

Ordinary 750,000 750,000 750,000 5.72%
GG00B29LC017

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

N/A N/A N/A N/A N/A

Total (A+B)

Number of voting rights % of voting rights

750,000 5.72 %

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

10. Name of the 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 rights: Not Applicable

13. Additional information:

14. Contact name: Anson Fund Managers Limited

15. Contact telephone number: 01481 722260

27 May 2008