A form TR-1 containing the following information has been received by the Company.

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:

NEPTUNE MINERALS Plc

2. Reason for notification

An acquisition or disposal of voting rights

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

Tell Capital Ltd

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

The Tell Fund

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

24 July 2008

6. Date on which issuer notified:

25 July 2008

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

Below 3%

8: Notified Details

A: Voting rights attached to shares

B: Financial Instruments

Total (A+B)

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

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:
Dominick Rooney

15. Contact telephone number:
+356 2348 6330

Annex Notification of major Interests in Shares

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities):

Tell Capital Ltd
Contact address (registered office for legal entities):
1, Caledonia Tower
Qui-Si-Sana Seafront
Sliema, SLM 3114
Malta

Phone number:
+356 2348 6330

Other useful information (at least legal representative for legal persons)

n/a

B: Identity of the notifier, if applicable

n/a

END 

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