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Press release from Marketwire

Ithaca Energy Inc Announces Holding(s) in Company

Monday, November 05, 2012

Ithaca Energy Inc Announces Holding(s) in Company02:00 EST Monday, November 05, 2012ABERDEEN, SCOTLAND--(Marketwire - November 04, 2012) -TSX-V:IAEFor filings with the FSA include the annexFor filings with issuer exclude the annexTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi1. Identity of the issuer or the underlying issuer Ithaca Energy Incof existing shares to which voting rights areattached: ii2 Reason for the notification (please tick the appropriate box orboxes):An acquisition or disposal of voting rights XAn acquisition or disposal of qualifying financialinstruments which may result in the acquisition of sharesalready issued to which voting rights are attachedAn acquisition or disposal of instruments with similareconomic effect to qualifying financial instrumentsAn event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to the BlackRock, Inc.notification obligation: iii4. Full name of shareholder(s)(if different from 3.):iv5. Date of the transaction and date on 1st November 2012which the threshold is crossed orreached: v6. Date on which issuer notified: 2nd November 20127. Threshold(s) that is/are crossed or Holding hasreached: vi, vii gone above 5%8. Notified details:A: Voting rights attached to shares viii, ixClass/type of Situation Resulting situation after theshares previous transaction to the triggering transactionif possible Number Number Number Number % of votingusing of of of of voting rights xthe ISIN CODE Shares Voting shares rights Rights Direct Direct Indirect Direct Indirect xi xiiGB00B04V1276 N/A N/A N/A N/A 13,244,044 N/A 5.10%B: Qualifying Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date xiii Conversion rights that may be rightsinstrument Period xiv acquired if the instrument is exercised/ converted.C: Financial Instruments with similar economic effect to QualifyingFinancial Instruments xv, xviResulting situation after the triggering transactionType of Exercise Expiration Exercise/ Number % of votingfinancial price date xvii Conversion of voting rightsinstrument period rights xix, xx xviii instrument refers to Nominal DeltaTotal (A+B+C)Number of voting rights Percentage of voting rights13,244,044 5.10%9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxiBlackRock Investment Management (UK) Limited - 13,244,044 (5.10%)Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will ceaseto hold:12. Date on which proxy holder will cease to holdvoting rights:13. Additional information: BlackRock Regulatory Threshold Reporting Team14. Contact name: Wayne Powell15. Contact telephone number: 020 7743 2216; wayne.powell@blackrock.comNote: Annex should only be submitted to the FSA not the issuerAnnex: Notification of major interests in sharesxxiiA: Identity of the persons or legal entity subject to the notificationobligationFull name(including legal form of legal entities) BlackRock, Inc.Contact address 12 Throgmorton Avenue,(registered office for legal entities) London, EC2N 2DLPhone number & email 020 7743 2216; wayne.powell@blackrock.comOther useful information(at least legal representative for legal Wayne Powellpersons)B: Identity of the notifier, if applicableFull nameContact addressPhone number & emailOther useful information(e.g. functional relationship with theperson or legal entity subject to thenotification obligation)C: Additional informationFor notes on how to complete form TR-1 please see the FSA website. This information is provided by RNS The company news service from the London Stock ExchangeENDFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: RNS Customer Services0044-207797-4400rns@londonstockexchange.comhttp://www.rns.com