Holding in Company

The Company was notified on 12 February 2009 that on 11 February 2009 Hargreave Hale Limited had sold a total of 500,000 ordinary shares in Egdon Resources ("Ordinary Shares"). Following the disposal Hargreave Hale Limited is interested in 12,740,500 Ordinary Shares representing 18.6 per cent. of the issued voting capital of the Company. 8,750,000 of these Ordinary Shares are held for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The balance of the shares are held for discretionary clients of Hargreave Hale.