Central Asia Metals: TR-1 Notification of Major Interest in Shares

TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Central Asia Metals Plc

Sedol B67KBV2

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

ü

Other (please specify):

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

1.     Lansdowne Partners International Ltd

2.     Lansdowne Partners Ltd being the General Partner of Lansdowne Partners Limited Partnership

3.     Lansdowne Partners Austria GmbH

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

HSBC Client Holdings Nominee (UK) Ltd (Registered Shareholders)

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

23/05/2014

6. Date on which issuer notified:

27/05/2014

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

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Indirect

Direct

Indirect

Ordinary Shares

GB00B67KBV28

7,784,820

7,784,820

Below 5%

Below 5%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

Below 5%

Below 5%

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

Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited and Lansdowne Partners Austria GmbH. Lansdowne Partners Austria GmbH and Lansdowne Partners Limited Partnership act as discretionary co-investment managers to certain client funds.

Proxy Voting:

10. Name of the proxy holder:

Lansdowne Partners Limited

and

Lansdowne Partners Austria GmbH

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:

Based on ordinary shares in issue of 106,337,475

14. Contact name:

Ruari Paton

15. Contact telephone number:

+44 20 7290 5500