FRE Freeplay

RNS Number:9605K
Freeplay Energy PLC
02 January 2008



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: (N)



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (N)



An event changing the breakdown of voting rights: (N)



Other (please specify): Increase in share capital of the Issuer resulting in a
diminution of our percentage interest held (Y)



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



GE Asset Management Incorporated



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



n/a



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



14th December 2007



6.      Date on which issuer notified:



20th December 2007



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



Decrease from 5.92% to 3.49%




8.      Notified details:





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                      2,949,317                          2,949,317







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                    2,949,317                2,949,317   0                 3.49%     0%



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

2,949,317                         3.49%



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



n/a




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:



Christopher Brown



15.    Contact telephone number:



+1 203 326 4035







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