Eland Oil & Gas Regulatory News (ELA)

7 May 2008 17:00

Elan Corporation PLC07 May 2008 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing ELAN CORPORATION PLCshares 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 XAn acquisition or disposal of financial instruments which may result in the acquisition ofshares already issued to which voting rights are attachedAn event changing the breakdown of voting rightsOther (please specify): Exemption DTR 5.1.3 (4) & DTR 5.1.5 (1) X3. Full name of person(s) subject to the notification The Goldman Sachs Group, Inc.obligation:4. Full name of shareholder(s) (if different from 3.): Goldman, Sachs & Co., Goldman Sachs International, Goldman Sachs JBWere Managed Funds Limited & Goldman Sachs Financial Markets L.L.C5. Date of the transaction (and date on which the threshold is 05 MAY 2008crossed or reached if different):6. Date on which issuer notified: 07 MAY 20087. Threshold(s) that is/are crossed or reached: 3 %8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transaction if possible using Number of Number of Number of Number of voting rights ix % of voting rightsthe ISIN CODE Shares Voting shares Rights viii Direct Direct x Indirect xi Direct Indirect US2841312083 Below 3% 213,657 14,814,580 0.05% 3.13% (213,657 ADRs) (14,814,580 IE0003072950 Below 3% ADRs) 0.08% 375,749 B: Financial InstrumentsResulting situation after the triggering transaction xiiType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument xiii Period/ Date xiv that may be acquired if rights the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 15,403,986 3.26% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable xv:The interest in 40,866 shares arose from a beneficial interest held by Goldman, Sachs & Co. ("GS&Co."), a directsubsidiary of GS Inc. These shares are, or will be, registered in the name of Goldman Sachs Securities (Nominees),Limited ("GSSN"). The interest in 334,883 shares arose from a beneficial interest held by Goldman Sachs International, a wholly-ownedindirect subsidiary of GS Inc. These shares are, or will be, registered at CREST in account CREPTEMP. The interest in 33,175 shares arose from a beneficial interest held by Goldman Sachs Financial Markets L.L.C. a directsubsidiary of GS Inc of 33,175 American Depositary Receipts ("ADRs"). These ADRs are, or will be, held at theDepositary Trust Company of New York ("DTC"). The interest in 180,482 shares arose from a beneficial interest held by Goldman, Sachs & Co. ("GS&Co."), a directsubsidiary of GS Inc of 180,482 American Depositary Receipts ("ADRs"). These ADRs are, or will be, held at theDepositary Trust Company of New York ("DTC"). The interest in 14,762,903 shares arose from the interest held by GS&Co., a wholly-owned direct subsidiary of GS Inc,acting as custodian for its customers of 14,762,903 American Depositary Receipts ("ADRs"). These ADRs are, or will be,held at the Depositary Trust Company of New York ("DTC"). The interest in 17,977 shares arose from the interest held by GS&Co. a wholly-owned direct subsidiary of GS Inc, actingas discretionary manager of 17,977 American Depositary Receipts ("ADRs"). These ADRs are, or will be, held at theDepositary Trust Company of New York ("DTC"). The interest in 33,700 shares arose from the interest held by Goldman Sachs JBWere Managed Funds Limited, asdiscretionary manager of 33,700 American Depositary Receipts ("ADRs"). These ADRs are, or will be, held at theDepositary Trust Company of New York ("DTC"). Proxy Voting:10. Name of the proxy holder: N/A11. Number of voting rights proxy holder will cease to hold: N/A12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: General email contact: shareholderdisclosures@gs.com14. Contact name: Sean Rogers / Alan Cox15. Contact telephone number: 0207-552-9205 / 0207-774 -8774 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange