U.S. Markets closed

Ithaca Energy Inc Announces Holding(s) in Company

ABERDEEN, SCOTLAND--(Marketwire - Nov 5, 2012) -

TSX-V:IAE For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer Ithaca Energy Inc 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the BlackRock, Inc. notification obligation: iii 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date on 1st November 2012 which the threshold is crossed or reached: v 6. Date on which issuer notified: 2nd November 2012 7. Threshold(s) that is/are crossed or Holding has reached: vi, vii gone above 5% 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation Resulting situation after the shares previous transaction to the triggering transaction if possible Number Number Number Number % of voting using of of of of voting rights x the ISIN CODE Shares Voting shares rights Rights Direct Direct Indirect Direct Indirect xi xii GB00B04V1276 N/A N/A N/A N/A 13,244,044 N/A 5.10% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion rights that may be rights instrument Period xiv acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number % of voting financial price date xvii Conversion of voting rights instrument period rights xix, xx xviii instrument refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 13,244,044 5.10% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: xxi BlackRock Investment Management (UK) Limited - 13,244,044 (5.10%) Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: BlackRock Regulatory Threshold Reporting Team 14. Contact name: Wayne Powell 15. Contact telephone number: 020 7743 2216; wayne.powell@blackrock.com Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) BlackRock, Inc. Contact address 12 Throgmorton Avenue, (registered office for legal entities) London, EC2N 2DL Phone number & email 020 7743 2216; wayne.powell@blackrock.com Other useful information (at least legal representative for legal Wayne Powell persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information 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