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 KALAHARI MINERALS
of existing shares to which voting rights are PLC
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 EMERGING METALS LIMITED
notification obligation:iii
4. Full name of shareholder(s) N/A
(if different from 3.):iv
5. Date of the transaction and date on
which the threshold is crossed or 16 MARCH 2010
reached: v
6. Date on which issuer notified: 29 APRIL 2010
7. Threshold(s) that is/are crossed or 3%, 2%, 1%
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type Situation previous Resulting situation after the triggering transaction
of to the triggering
shares transaction
Number Number Number Number of voting % of voting rights
if possible of of of rights x
using Shares Voting shares
the ISIN Rights
CODE Direct Direct xi Indirect xii Direct Indirect
Ordinary
Shares 8,917,647 8,917,647 NIL NIL NIL 0% 0%
GB00B117S132
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting
financial date xiii Conversion Period xiv rights that may be rights
instrument 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 price Expiration Exercise/ Number of voting rights % of voting
financial date xvii Conversion instrument refers to rights xix, xx
instrument period
xviii
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
NIL 0%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
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:
n/a
MICHAEL CORCORAN
14. Contact name:
KERMAN & CO LLP
15. Contact telephone number: 00 44 207 539 7092
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) EMERGING METALS LIMITED
Contact address C/O DENHAM EKE
(registered office for legal entities) EMERGING METALS LIMITED
VIKING HOUSE
NELSON STREET
DOUGLAS
ISLE OF MAN
IM1 2AU UNITED KINGDOM
Phone number & email +44 (0) 1624 639396
denham@burnbrae.com
Other useful information MICHAEL CORCORAN, KERMAN & CO
LLP
(at least legal representative for legal persons)
00 44 207 539 7092
michael.corcoran@kermanco.com
B: Identity of the notifier, if applicable
Full name MICHAEL CORCORAN
KERMAN & CO LLP
Contact address KERMAN & CO LLP
200 STRAND
LONDON WC2R 1DJ
Phone number & email 00 44 207 539 7092
michael.corcoran@kermanco.com
Other useful information
SOLICITOR
(e.g. functional relationship with the person or legal
entity subject to the notification obligation)
C: Additional information
N/A
For notes on how to complete form TR-1 please see the FSA website.