Major Shareholders

The below figures are based on the issued share capital of 230,957,972 ordinary shares as at 24 January 2012 and analysis as at 10 January 2012.

The Company confirms none of its AIM securities are held as treasury shares.

The percentage of issued share capital and Contracts for Difference * not in public hands is 59.357%

Name	% Held
Laxey Partners Limited	29.998%
Weiss Asset Management	29.279% **
Hawkwood Capital LLP	3.914%
Mackenzie Financial Corporation	3.434%
J.P.Morgan Chase Bank - Custodian	3.327%

* Contracts for Difference are held as follows:-

Weiss Asset Management - 9.959%

** Total voting rights 29.279%

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