Holding(s) in Company

RNS Number:2475U
BDI Mining Corp
02 April 2007



TR-1(i): notification of major interests in shares

+--------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying |        BDI MINING CORP         |
|issuer of existing shares to which voting   |                                |
|rights are attached(ii:                    |                                |
+--------------------------------------------+----------------------+---------+
|2. Reason for the notification (please tick the appropriate box or |         |
|boxes)                                                             |         |
+-------------------------------------------------------------------+---------+
|An acquisition or disposal of voting rights                        |    X    |
+-------------------------------------------------------------------+---------+
|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 to the    |     Man Financial Limited      |
|notification obligation(iii:               |                                |
+--------------------------------------------+--------------------------------+
|4. Full name of shareholder(s) (if different|              N/A               |
|from 3.)(iv:                               |                                |
+--------------------------------------------+--------------------------------+
|5. Date of the transaction (and date on     |            30/03/07            |
|which the threshold is crossed or reached if|                                |
|different)(v:                              |                                |
+--------------------------------------------+--------------------------------+
|6. Date on which issuer notified:           |            02/04/07            |
+--------------------------------------------+--------------------------------+
|7. Threshold(s) that is/are crossed or      |            Below 3%            |
|reached:                                    |                                |
+--------------------------------------------+------------------------------+-+
|8. Notified details:                        |             3.10             | |
+--------------------------------------------+----------------------+-------+-+
+--------------------------------------------+----------------------+-------+-+







+-----------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                |
+----------  +-------------------+--------------------------------------------------+
|Class/type  |Situation previous |Resulting situation after the triggering          |
|of shares   |to the Triggering  |transaction(vii                                  |
|            |transaction (vi   |                                                  |
|if possible +---------+---------+---------+-----------------+--------------------+
|using the   |Number of|Number of|Number of|Number of voting |% of voting rights  |
|ISIN CODE   |Shares   |Voting   |shares   |rights ix        |                    |
|            |         |Rights   +---------+---------+-------+---------+----------+
|            |         |viii     |Direct   |Direct x |Indirect|Direct  |Indirect  |
|            |         |         |         |         |xi     |         |          |
+----------- +---------+---------+---------+---------+-------+---------+----------+
|VGG0905F1053|2,092,000|2,092,000|3,117,000|3,117,000|       |3,117,000|          |
|            |         |         |         |         |       |         |          |
|            |         |         |         |         |       |         |          |
+------------+---------+---------+---------+---------+------ +---------+----------+

+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction xii                      |
+---------------+-----------+------------------+-------------------+-----------+
|Type of        |Expiration |Exercise/         |Number of voting   |% of voting|
|financial      |date xiii  |Conversion Period/|rights that may be |rights     |
|instrument     |           |Date xiv          |acquired if the    |           |
|               |           |                  |instrument is      |           |
|               |           |                  |exercised/         |           |
|               |           |                  |converted.         |           |
+---------------+-----------+------------------+-------------------+-----------+
|               |           |                  |                   |           |
+---------------+-----------+------------------+-------------------+-----------+

+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
+-------------------------------------+---------------------------------------+
|Number of voting rights              |% of voting rights                     |
+-------------------------------------+---------------------------------------+
|                                     |                                       |
+-------------------------------------+---------------------------------------+

+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or   |
|the financial instruments are effectively held, if applicable xv:            |
+-----------------------------------------------------------------------------+
|                                                                             |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
+------------------------------------------------+----------------------------+
|10. Name of the proxy holder:                   |N/A                         |
+------------------------------------------------+----------------------------+
|11. Number of voting rights proxy holder will   |N/A                         |
|cease to hold:                                  |                            |
+------------------------------------------------+----------------------------+
|12. Date on which proxy holder will cease to    |            N/A             |
|hold voting rights:                             |                            |
+------------------------------------------------+----------------------------+

+--------------------------------+--------------------------------------------+
|13. Additional information:     |N/A                                         |
+--------------------------------+--------------------------------------------+
|14. Contact name:               |Amanda Jarrett                              |
+--------------------------------+--------------------------------------------+
|15. Contact telephone number:   |ajarrett@manfinancial.com                   |
+--------------------------------+--------------------------------------------+




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            The company news service from the London Stock Exchange

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