NPM Neptune Min

    Holding(s) in Company
             



NEPTUNE MINERALS Plc

28 July 2008

NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

A form TR-1 containing the following information has been received by
the Company.
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached:
NEPTUNE MINERALS Plc
2. Reason for notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to notification obligation:
Tell Capital Ltd
4. Full name of shareholder(s) (if different from 3):
The Tell Fund
5. Date of transaction (and date on which the threshold is crossed or
reached if different):
24 July 2008
6. Date on which issuer notified:
25 July 2008
7. Threshold(s) that is/are crossed or reached:
Below 3%
8: Notified Details
A: Voting rights attached to shares

+---------------------------------------------------------------------------------------+
|Class/type of|Situation previous to the       |Resulting situation after the triggering|
|shares       |triggering transaction          |transaction                             |
|If possible  |--------------------------------+----------------------------------------|
|use ISIN code|Number of |Number of voting     |Number |Number of voting|Percentage of  |
|             |shares    |rights               |of     |rights          |voting rights  |
|             |          |                     |shares |----------------+---------------|
|             |          |                     |       |       |        |      |        |
|             |          |4,000,000            |       |Direct |Indirect|Direct|Indirect|
|GB00B0LHS387 |4,000,000 |                     |       |       |        |      |        |
|             |          |                     |Nil    |Nil    |Nil     |0%    |0%      |
+---------------------------------------------------------------------------------------+

B: Financial Instruments

+---------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                       |
|                                                                           |
|---------------------------------------------------------------------------|
|Type of   |Expiration  |Exercise/   |No. of voting rights that  |Percentage|
|financial |date        |conversion  |may be acquired (if the    |of voting |
|instrument|            |period/date |instrument                 |rights    |
|          |            |            |exercised/converted)       |          |
|----------+------------+------------+---------------------------+----------|
|Share     |October 2010|October 2006|4,000,000                  |5.8%      |
|Warrant   |            |- October   |                           |          |
|          |            |2010        |                           |          |
+---------------------------------------------------------------------------+

Total (A+B)

+-------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
| 4,000,000               | 5.8%                        |
+-------------------------------------------------------+

9. Chain of controlled undertakings through which the voting rights
and /or the financial instruments are effectively held, if
applicable:
n/a
Proxy Voting: n/a
10. Name of 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:
Dominick Rooney
15. Contact telephone number:
+356 2348 6330

Annex Notification of major Interests in Shares
A: Identity of the person or legal entity subject to the notification
obligation
Full name (including legal form for legal entities):
Tell Capital Ltd
Contact address (registered office for legal entities):
1, Caledonia Tower
Qui-Si-Sana Seafront
Sliema, SLM 3114
Malta
Phone number:
+356 2348 6330
Other useful information (at least legal representative for legal
persons)
n/a

B: Identity of the notifier, if applicable
n/a

END

For further information please contact:



Simon McDonald (Neptune MD and CEO):          T: +61 (0) 2 9957 5244
By email to the Company                       info@nepmins.com

Richard Hail  (Fox  Davies  Capital  Limited, T: +44 (0) 20 7936 5230
Broker):

Fiona Owen (Grant Thornton UK LLP, Nomad):    T: +44 (0) 20 7383 5100

Rozanne Ichikowitz (Grant Thornton, Sydney):  T: +61 (0) 2 8297 2522

Nadja Vetter/Sofia Rehman/Matthew Law (Cardew T: +44 (0) 20 7930 0777
Group, PR):                                   T: +44 (0) 7941 340 436


The Neptune Minerals Website is www.neptuneminerals.com

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