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Tuesday 08 December, 2009

Central China Goldfields PLC

Holding(s) in Company


TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     Central China Goldfields Plc   
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (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                                                                   
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):______________                                          
                                                                               
3. Full name of person(s) subject to    Obtala Resources plc                   
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if                                             
different from 3):                                                             
                                                                               
5. Date of transaction (and date on     8 December 2009                        
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       8 December 2009                        
                                                                               
7. Threshold(s) that is/are crossed or  16%                                    
reached:                                                                       

8: Notified Details                                                                     
                                                                                        
A: Voting rights attached to shares                                                     
                                                                                        
Class/type   Situation previous to Resulting situation after the triggering transaction 
of shares    the triggering                                                             
             transaction                                                                
If possible                                                                             
use ISIN                                                                                
code                                                                                    
                                                                                        
             Number of  Number of  Number of  Number of             Percentage          
             shares     voting     shares     voting                of voting           
                        rights                rights                rights              
                                                                                        
                                              Direct     Indirect   Direct      Indirect
                                                                                        
GB00B06JK880 28,250,000 28,250,000 29,750,000 29,750,000                        
                                                                                        

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of         Expiration     Exercise/       No. of voting    Percentage of  
financial       date           conversion      rights that may  voting rights  
instrument                     period/date     be acquired (if                 
                                               the instrument                  
                                               exercised/                      
                                               converted)                      
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
29,750,000                              16.22%                                 

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
Barclays Stockbrokers Ltd                                                      
                                                                               
Gerrard Investment Management Ltd                                              

Proxy Voting:                                                                  
                                                                               
10. Name of proxy holder:               N/A                                    
                                                                               
11. Number of voting rights proxy       N/A                                    
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will     N/A                                    
cease to hold voting rights:                                                   

13. Additional information:             N/A                                    
                                                                               
14 Contact name:                        Frank Scolaro                          
                                                                               
15. Contact telephone name:             +44 (0)20 7099 1940                    



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