CSE Cross Shr Reg S

RNS Number:6963S
Cross Shore Acquisition Corporation
09 March 2007

CROSS SHORE ACQUISITION CORPORATION

9 March 2007

SCHEDULE 5

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Cross Shore Acquisition Corporation

2. Name of shareholder having a major interest

Pequot Capital Management Inc. and its direct and indirect subsidiaries.

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

Notification relates to above-named shareholder's beneficial interests held
through direct & indirect subsidiaries including: Premium Series PCC Limited,
Pequot Diversified Master Fund, Ltd.; Pequot Mariner Master Fund, L.P.; Pequot
Navigator Offshore Fund, Inc. and Pequot Scout Fund, L.P.

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Premium Series PCC Limited - Cell 33 30,754
Pequot Diversified Master Fund, Ltd. 21,583
Pequot Mariner Master Fund, L.P. 163,647
Pequot Navigator Offshore Fund, Inc. 239,442
Pequot Scout Fund, L.P. 377,908

5. Number of shares / amount of stock acquired

Nil

6. Percentage of issued class

7. Number of shares / amount of stock disposed

833,334

8. Percentage of issued class

3.6%

9. Class of security

Ordinary $0.001 shares

10. Date of transaction

3 October 2006

11. Date company informed

8 March 2007

12. Total holding following this notification

Nil

13. Total percentage holding of issued class following this notification

Nil



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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