Petrofac Regulatory News (PFC)

30 Oct 2007 17:24

Petrofac Limited30 October 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Petrofac Limited 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in theacquisition 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 notification obligation: Petrofac ESOP Trustees Limited (PETL) 4. Full name of shareholder(s) (if different from 3.) : ................. 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 29 October 2007 6. Date on which issuer notified: 30 October 2007 7. Threshold(s) that is/are crossed or reached: Below 5% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to theusing the ISIN CODE Triggering transaction Number of Number of voting shares Rights Ordinary 17,364,523 17,364,523 GB00B0H2K534 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rightsif possible usingthe ISIN CODE Direct Direct Indirect Direct Indirect Ordinary 17,124,523 17,124,523 4.96% GB00B0H2K534 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of votingfinancial Period/ Date rights that may be rightsinstrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting % of votingrights rights 17,124,523 4.96% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable : ................. Proxy Voting: 10. Name of the proxy holder: ................. 11. Number of voting rights proxy holder will cease to hold: ................. 12. Date on which proxy holder will cease to hold voting rights: ................. 13. Additional information: PETL holds shares in Petrofac Limited on behalf of current and former employeesof the Petrofac group. The movement in shares held by PETL since its previousnotification on 12 June 2007 is as a result of PETL's disposal of 2,484,954shares on behalf of employees in early October 2007 upon expiry of PetrofacLimited's second phase of Lock-up arrangements put in place at flotation; andbetween 12 June 2007 and 29 October 2007, a series of individual sales andtransfers by PETL on behalf of employees. 14. Contact name: Mary Hitchon 15. Contact telephone number: +44 207 811 4900 This information is provided by RNS The company news service from the London Stock Exchange