NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

A form TR-1 containing the following information has been received by
the Company.

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:

Neptune Minerals Plc

2. Reason for the notification

A disposal of voting rights

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

Artemis Investment Management Ltd

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

Artemis Alpha Trust

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

15th January 2009

6. Date on which issuer notified:

16th January 2009

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

3%

8. Notified details:

A: Voting rights attached to shares

+---------------------------------------------------------------------------------------+
|Class/type of shares  |Situation previous to|Resulting situation  after the  triggering|
| if possible using the|the        Triggering|transaction[1]                            |
|ISIN CODE             |transaction          |                                          |
|                      |---------------------+------------------------------------------|
|                      |Number of |Number of |Number|Number of voting|% of voting rights|
|                      |Shares    |Voting    |of    |rights          |                  |
|                      |          |Rights    |shares|                |                  |
|                      |          |          |------+----------------+------------------|
|                      |          |          |Direct|Direct |Indirect|Direct  |Indirect |
|----------------------+----------+----------+------+-------+--------+--------+---------|
|GB00B0LHS387          |2,000,000 |2,000,000 |Nil   |Nil    |        |0%      |         |
+---------------------------------------------------------------------------------------+


B: Financial Instruments

+-------------------------------------------------------------------+
| Resulting situation after the triggering transaction              |
|-------------------------------------------------------------------|
| Type of    | Expiration | Exercise/    | Number of       | % of   |
| financial  | date       | Conversion   | voting rights   | voting |
| instrument |            | Period/ Date | that may be     | rights |
|            |            |              | acquired if the |        |
|            |            |              | instrument is   |        |
|            |            |              | exercised/      |        |
|            |            |              | converted.      |        |
|------------+------------+--------------+-----------------+--------|
|            |            |              |                 |        |
+-------------------------------------------------------------------+


Total (A+B)

+----------------------------------------------+
| Number of voting rights | % of voting rights |
|-------------------------+--------------------|
| Nil                     | 0%                 |
+----------------------------------------------+


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

N/A

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 cease to hold voting rights:

N/A

13. Additional information:

14. Contact Name:

 Alistair Fleming

15: Contact Telephone Number:

0131 718 0411

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