RNS announcement: Bramdean Alternatives Limited, 13th July 2007

Holding in Company

The Company has been informed that Elsina Limited has an interest in 39,100,000 shares representing 29.9% of the issued Share Capital.

TR-1: Notifications of Major Interests in Shares

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

2. Reason for notification (yes/no)

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 notification obligation: Elsina Limited

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

5. Date of transaction (and date on which the threshold is crossed or reached if different): 9 July 2007

6. Date on which issuer notified: 12 July 2007

7. Threshold(s) that is/are crossed or reached: 25%

8: Notified Details A: Voting rights attached to shares

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

39,100,000 Number of voting rights

78,958,540 Number of shares

39,100,000 Number of voting rights Percentage of voting rights

Direct

78,958,540 Indirect Direct

29.9% Indirect

B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)

Number of voting rights Percentage of voting rights 78,958,540 29.9%

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

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: Robin Amer on behalf of the Company Secretary 15. Contact telephone name: 01481 744130

END


Amanda McCrystal 13 July 2007 - 15:51