RNS Number : 4732B
  Avocet Mining PLC
  15 August 2008
   


 For filings with the FSA include the annex
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares

 1. Identity of the issuer or the underlying issuer of       Avocet Mining PLC
 existing shares to which voting rights are attached:


 2. Reason for notification (yes/no)
                                                                               x
 An acquisition of voting rights

 An acquisition or disposal of financial instruments which may result in the
 acquisition 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          Credit Suisse
 to notification obligation:          Securities (Europe)
                                                  Limited
                                                      N/A
 4. Full name of shareholder(s) (if
 different from 3):
                                           13 August 2008
 5. Date of transaction (and date
 on which the threshold is crossed
 or reached if different):
                                           15 August 2008
 6. Date on which issuer notified:
                                                       3%
 7. Threshold(s) that is/are
 crossed or reached:


 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares  Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares  Number of voting rights   Percentage of voting
                                             rights                                                            rights

                                                                                     Direct     Indirect       Direct        Indirect
                                        N/A                   N/A         4,292,351  4,292,351            N/A          3.55       N/A
 GB0000663038



 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)
 N/A                                       N/A                                         N/A                   N/A
                                                                 N/A


 Total (A+B)

 Number of voting rights  Percentage of voting rights
 4,292,351                                       3.55



 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
 Credit Suisse Securities (Europe) Limited and Credit Suisse International are
 a division of Credit Suisse ("CSIBD"), which is part of the Credit Suisse
 Group ("CSG"). CSIBD is a segregated business unit within CSG with an
 independent management structure and exercises its voting rights
 independently from other divisions of CSG.

 Proxy Voting:

 10. Name of 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:    n/a

 14 Contact name:

 15. Contact telephone number:


    For notes on how to complete form TR-1 please see the FSA website. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
HOLGUUBGRUPRGAA

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