TIDMSTBR TIDMBARC 
 
RNS Number : 6301L 
Southern Bear PLC 
10 May 2010 
 

+----------------+--------------------+------+----------------------------+--------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                  | 
+----------------------------------------------------------------------------------+ 
|                                            |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the           |                   SOUTHERN BEAR PLC | 
| underlying issuer                          |                                     | 
| of existing shares to which voting rights  |                                     | 
| are                                        |                                     | 
| 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   |                               BARCLAYS PLC | 
| to the                              |                                            | 
| notification obligation: iii        |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 4. Full name of shareholder(s)      |                                            | 
|  (if different from 3.):iv          |          GERRARD INVESTMENT MANAGEMENT LTD | 
|                                     |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 5. Date of the transaction and date |                                05 MAY 2010 | 
| on                                  |                                            | 
| which the threshold is crossed or   |                                            | 
| reached: v                          |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 6. Date on which issuer notified:   |                                07 MAY 2010 | 
+-------------------------------------+--------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                                        8%  | 
| or                                  |                                            | 
| reached: vi, vii                    |                                            | 
+-------------------------------------+--------------------------------------------+ 
|                |                    |      |                            |        | 
+----------------+--------------------+------+----------------------------+--------+ 
 
+--------------+-+---------------+----+--+-----+------+----+------------+---+--------+---------+-------+--------+------------+ 
| 8. Notified details:                                                                                                       | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares viii, ix                                                                               | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Class/type of  | Situation previous                      | Resulting situation after the triggering                        | 
| shares         | to the triggering                       | transaction                                                     | 
| if possible    | transaction                             |                                                                 | 
| using          |                                         |                                                                 | 
| the ISIN CODE  |                                         |                                                                 | 
+                +-----------------------------------------+-----------------------------------------------------------------+ 
|                | Number                | Number          | Number         | Number of                | % of                | 
|                | of                    | of              | of shares      | voting                   | voting              | 
|                | Shares                | Voting          |                | rights                   | rights x            | 
|                |                       | Rights          |                |                          |                     | 
+                +                       +                 +----------------+--------------------------+---------------------+ 
|                |                       |                 | Direct         | Direct | Indirect        | Direct | Indirect   | 
|                |                       |                 |                | xi     | xii             |        |            | 
+----------------+-----------------------+-----------------+----------------+--------+-----------------+--------+------------+ 
| GB00B1GH1T75   |  N/A                  | N/A             |                |        | 70,010,204      |        | 8.33%      | 
+----------------+                       +                 +                +        +                 +        +            + 
|                |                       |                 |                |        |                 |        |            | 
+----------------+-----------------------+-----------------+----------------+--------+-----------------+--------+------------+ 
|                                                                                                                            | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                        | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                       | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial              | Expiration  | Exercise/                  | Number of voting         | % of voting         | 
| instrument                     | date xiii   | Conversion Period          | rights that may          | rights              | 
|                                |             | xiv                        | be                       |                     | 
|                                |             |                            | acquired if the          |                     | 
|                                |             |                            | instrument is            |                     | 
|                                |             |                            | exercised/               |                     | 
|                                |             |                            | converted.               |                     | 
+--------------------------------+-------------+----------------------------+--------------------------+---------------------+ 
|                                |             |                            |                          | N / A               | 
+--------------------------------+-------------+----------------------------+--------------------------+---------------------+ 
|                                                                                                                            | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                          | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                       | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Type of      | Exercise             | Expiration    | Exercise/       | Number of voting     | % of voting rights          | 
| financial    | price                | date xvii     | Conversion      | rights instrument    | xix, xx                     | 
| instrument   |                      |               | period          | refers to            |                             | 
|              |                      |               | xviii           |                      |                             | 
+--------------+----------------------+---------------+-----------------+----------------------+-----------------------------+ 
|              |                      |               |                 |                      | Nominal        | Delta      | 
|              |                      |               |                 | N / A                |                |            | 
+              +                      +               +                 +                      +----------------+------------+ 
|              |                      |               |                 |                      |                |            | 
+--------------+----------------------+---------------+-----------------+----------------------+----------------+------------+ 
|                                                                                                                            | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                              | 
+----------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                               | Percentage of voting rights                        | 
+-----------------------------------------------------------------------+----------------------------------------------------+ 
| 70,010,204                                                            | 8.33%                                              | 
+-----------------------------------------------------------------------+----------------------------------------------------+ 
|              | |               |    |  |     |      |    |            |   |        |         |       |        |            | 
+--------------+-+---------------+----+--+-----+------+----+------------+---+--------+---------+-------+--------+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
|                                                                                 | 
|                                               GERRARD INVESTMENT MANAGEMENT LTD | 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| 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:          |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                              GEOFF SMITH | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                            020 7116 2913 | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLGGUUAAUPUGGU 
 

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