RNS Number:0626A
Freeplay Energy PLC
11 July 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES





1.      Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):



Freeplay Energy PLC



2.      Reason for the notification (please state 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: (No)



An event changing the breakdown of voting rights: (No)



Other (please specify): (No)



3.      Full name of person(s) subject to the notification obligation (iii):



Allianz SE



4.      Full name of shareholder(s) (if different from 3.) (iv):



Allianz Global Investors Global Business Unit



5.      Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):



N/A



6.      Date on which issuer notified:



11 July 2007



7.      Threshold(s) that is/are crossed or reached:



14%




8.      Notified details:



N/A



A:   Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)


GB00B010Q778                      3,473,500                          3,473,500



Resulting situation after the triggering transaction (vii)


Class/type of shares if         Number of shares         Number of voting rights (ix)  % of voting rights
possible using the ISIN CODE
                                Direct                   Direct (x)  Indirect (xi)     Direct    Indirect


GB00B010Q778                                                         7,447,000                   14.953%



B:   Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date     Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)              Period/ Date (xiv)        that may be acquired if the
instrument                                                    instrument is exercised/
                                                              converted.






Total (A+B)


Number of voting rights           % of voting rights

7,447,000                         14.953%



9.      Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):



Allianz Global Investors Global Business unit is a wholly owned subsidiary of
Allianz SE.




Proxy Voting:



10.    Name of the proxy holder:



N/A



11.    Number of voting rights proxy holder will cease to hold:



N/A



12.    Date on which proxy holder will cease to hold voting rights:



N/A



13.    Additional information:



N/A



14.    Contact name:



Irina Daniel



15.    Contact telephone number:



020 7475  5617



Annex to Notification Of Major Interests In Shares (xvi)



A:     Identity of the person or legal entity subject to the notification
obligation:



Full name (including legal form for legal entities):

Allianz SE



Contact address (registered office for legal entities):

Koniginastrasse 28, 80802 Munich, Germany



Phone number:

00 49 89 38 00 00



Other useful information (at least legal representative for legal persons):

N/A




B:     Identity of the notifier, if applicable (xvii)



Full name:

Dresdner Kleinwort Group Limited



Contact address:

30 Gresham Street, London, EC2V 7PG



Phone number:

020 7623 8000



Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

Subsidiary



C:     Additional information:

N/A




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

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