Holding(s) in Company

RNS Number:9128H
Jumpit ASA
16 November 2007

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES



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



Jumpit ASA



2. Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights: (YES)



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (NO)



An event changing the breakdown of voting rights: (NO)



3. Full name of person(s) subject to the notification obligation:



RAB SPECIAL SITUATIONS (MASTER) FUND LTD



4. Full name of shareholder(s) (if different from 3):



CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED



5. Date of the transaction (and date on which the threshold is crossed or
reached if different):



14 November 2007



6. Date on which issuer notified:



15 November 2007



7. Threshold(s) that is/are crossed or reached:



15% and 16%




8. Notified details:



A: Voting rights attached to shares


Class/type of       Situation of previous to the      Resulting Situation after the triggering transaction
shares if possible     Triggering transaction
using ISIN code      Number of   Number of voting    Number of   Number of voting rights  % of voting rights
                      shares          rights          shares
                                                                    Direct      Indirect   Direct   Indirect
 Ordinary Shares     6,931,068        13.70%         8,056,068     8,056,068    300,000    15.92%     0.6%



B: Financial Instruments


Resulting Situation after the triggering transaction
 Type of Financial     Expiration Date   Exercise / Conversion  Number of Voting rights that   % of voting
     Instrument                              Period /Date          may be acquired if the        rights
                                                                 instrument is exercised /
                                                                         converted
        n/a                  n/a                  n/a                       n/a                    n/a



Total (A + B)


          Number of Voting Rights                        % of voting rights
      8,356,068 (8,056,068 + 300,000)                          16.52%



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



RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER)
FUND LTD.  RAB Capital plc does not act as custodian for its clients and
therefore the shares are held in the nominee name of the custodian of its
clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.



Proxy Voting:



10. Name of the 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:



Legal Team



15. Contact telephone number:



020 7389 7000





For further information contact:


Jumpit                                                       +47 67 82 70 40
Morten Hansson




Hanson Westhouse Limited                                     020 7601 6100
Bill Staple
Anita Ghanekar
Martin Davison






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