OCE Ocean Res.

RNS Number:3979T
Ocean Resources Capital HoldingsPLC
21 March 2007



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES



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



Ocean Resources Capital Holdings Plc



2. Reason for the notification (please place an X inside the appropriate 
bracket/s):



Compliance with DTR Transitional Provision 7.



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



QVT Financial LP



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



QVT Fund LP



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



N/A - Disclosure made pursuant to DTR - TP7



6. Date on which issuer notified:



19 March 2007



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



19%



8. Notified details:



A: Voting rights attached to shares


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












Resulting situation after the triggering transaction


Class/type of shares if      Number of shares         Number of voting rights           % of voting rights
possible using the ISIN CODE
                             Direct                   Direct       Indirect             Direct      Indirect


Ordinary 1p shares           16,258,151                            16,258,151                       19.07%
GBOO33595496



B: Financial Instruments

Resulting situation after the triggering transaction



N/A



Total (A+B)
Number of voting rights        % of voting rights


16,258,151                     19.07%



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







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:






14. Contact name:



Nicola Board,
Capita Company Secretarial Services Limited



15. Contact telephone number:



020 7800 4909



21 March 2007



END


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