Cadogan Petroleum has been notified of the following shareholdings which amount to 3% or more of the ordinary share capital of the Company:
| Major Shareholder | Number of shares held | % held |
|---|
| SPQR Capital Holdings SA* |
67,298,498 |
29.12 |
|---|
| Lloyds TSB Banking Group (Scottish Widows) |
27,931,043 |
12.09 |
| Jean Benaim (Kellet Overseas Inc / Cynderella Foundation) |
18,787,886 |
8.12 |
|---|
| Credit Agricole CIB |
12,802,600 |
5.54 |
| European Bank for Reconstruction and Development Ltd |
11,632,866 |
5.03 |
|---|
* formerly SAE Capital Holdings SA
This information is accurate as at 8 December 2011