Holding in Company

The Company was notified on 17 November 2009 that, as a result of a disposal of ordinary shares in Egdon Resources ("Ordinary Shares") on 16 November 2009, Hargreave Hale Limited now holds 12,824,871 Ordinary Shares (with an equivalent amount of voting rights) which represents approximately 16.9 per cent. of the issued Ordinary Share voting capital of the Company.8,685,000 of the Ordinary Shares held by Hargreave Hale Ltd. are held for unit trusts operated by Malborough Fund Managers Ltd for whom Hargreave Hale Ltd. manages the portfolio of investments on a discretionary basis.