RNS Number:8657N
Bluewater Bio International
12 February 2008




                          Bluewater Bio International
                         ("Bluewater" or the "Company")

                             Holding(s) in Company


Bluewater received notification on 8 February 2008 that, pursuant to the FSA
Disclosure and Transparency Rules, following the acquisition of 21,911,101
ordinary shares of 0.5p each in the Company ("Ordinary Shares") on 6 February
2008, Credit Agricole Cheuvreux International Limited has an interest in
21,911,101 Ordinary Shares. This represents approximately 10.18 per cent. of the
Company's issued share capital.



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