Holding(s) in Company

23 Feb 2007 07:01

Empyrean Energy PLC23 February 2007 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) TR-1(i): NOTIFICATION OF MAJOR INTEREST IN SHARES ------------------------------------------------- 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Empyrean Energy Plc 2. Reason for the notification: Notification of holding at 20 January 2007 3. Full name of person(s) subject to the notification obligation (iii): JP Morgan Chase & Co 4. Full name of shareholder(s) (if difference from 3): JP Morgan Asset Management (UK) Limited 5. Date of the transaction and date on which the threshold is crossed or reached (v): N/A 6. Date on which issued notified: 20 February 2007 7. Threshold(s) that is/are crossed or reached: 5% threshold 8. Notified details A: Voting rights attached to shares Class/type of share if possible using the ISIN Code GB00B09G2351 Situation Previous to the triggering transaction (vi) - Number of Shares N/A Number of Voting Rights (viii) N/A Resulting situation after the triggering transaction (viii) - Number of Shares - Number of Voting Rights - Direct (x) - Number of Voting Rights - Indirect (xi) 1,770,000 % of voting rights - Direct - % of voting rights - Indirect 5.01 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of financial instrument N/A Expiration date (xiii) N/A Exercise/Conversion Period/Date (xiv) N/A Number of voting rights that may be acquired if theinstrument is exercised/converted N/A % of voting rights N/A Total (A+B) Number of voting rights 1,770,000 % of voting rights 5.01 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Total disclosable holding for JP Morgan Chase & Co.: 1,770,000 voting rights (5.01%) Holdings by controlled undertakings of JP Morgan Chase & Co. are as follows: JP Morgan Asset Management (UK) Limited: 1,770,000 voting rights (5.01%) 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: This is notification of disclosable holding as at 20 January 2007.Please note the group has other holdings which are covered by exemptions. 14. Contact name: Tracey Young 15. Contact telephone number: 020 7325 4513 For further informationLaurence Read/ Ed PortmanConduit PRTel: +44 (0) 207 429 6605/+44 (0) 7979955923 Empyrean Energy plcTel : +44(0) 207 182 1746 Rod Venables/ Cecil JordaanHB CorporateTel: +44(0) 207 510 8600 This information is provided by RNS The company news service from the London Stock Exchange