Ithaca Energy Inc Announces Holding(s) in Company

ABERDEEN, SCOTLAND--(Marketwire - November 04, 2012) -

TSX-V:IAE

For filings with the FSA include the annex

For filings with issuer exclude the annex


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


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

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

An acquisition or disposal of voting rights X

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

Other (please specify):

3. Full name of person(s) subject to the BlackRock, Inc.
notification obligation: iii

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

5. Date of the transaction and date on 1st November 2012
which the threshold is crossed or
reached: v
6. Date on which issuer notified: 2nd November 2012

7. Threshold(s) that is/are crossed or Holding has
reached: vi, vii gone above
5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of Situation Resulting situation after the
shares previous transaction
to the
triggering
transaction

if possible Number Number Number Number % of voting
using of of of of voting rights x
the ISIN CODE Shares Voting shares rights
Rights Direct Direct Indirect Direct Indirect
xi xii
GB00B04V1276 N/A N/A N/A N/A 13,244,044 N/A 5.10%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting % of voting
financial date xiii Conversion rights that may be rights
instrument Period xiv acquired if the
instrument is
exercised/
converted.


C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of Exercise Expiration Exercise/ Number % of voting
financial price date xvii Conversion of voting rights
instrument period rights xix, xx
xviii instrument
refers to
Nominal Delta



Total (A+B+C)

Number of voting rights Percentage of voting rights

13,244,044 5.10%



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

BlackRock 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 cease
to hold:

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

13. Additional information: BlackRock Regulatory Threshold Reporting
Team

14. Contact name: Wayne Powell

15. Contact telephone number: 020 7743 2216; wayne.powell@blackrock.com


Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in sharesxxii


A: Identity of the persons or legal entity subject to the notification
obligation

Full name
(including legal form of legal entities) BlackRock, Inc.

Contact address 12 Throgmorton Avenue,
(registered office for legal entities) London, EC2N 2DL

Phone number & email 020 7743 2216;
wayne.powell@blackrock.com

Other useful information
(at least legal representative for legal Wayne Powell
persons)


B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information
(e.g. functional relationship with the
person or legal entity subject to the
notification obligation)


C: Additional information

For notes on how to complete form TR-1 please see the FSA website.


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The company news service from the London Stock Exchange

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