RNS Number:5198W
Archipelago Resources PLC
14 May 2007



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:



ARCHIPELAGO RESOURCES PLC



2. Reason for the notification

Disposal of voting rights



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

WEXFORD CAPITAL LLC



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

WEXFORD CATALYST INVESTORS LLC

WEXFORD SPECTRUM INVESTORS LLC



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

9 May 2007



6. Date on which issuer notified:

11 May 2007



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

DECREASED BELOW 3%



8. Notified details:

A: Voting rights attached to shares
Class/type of shares Situation previous to the  Resulting situation after the triggering transaction(1)
                     Triggering transaction
 if possible using   Number of    Number of     Number of   Number of voting       % of voting rights
the ISIN CODE        Shares       Voting Rights shares      rights
                                                Direct      Direct     Indirect    Direct     Indirect
ORDINARY SHARES      7,110,000    7,110,000     0           0          0           0          0
(GB0033551721)




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

   N/A            N/A                        N/A            N/A                        N/A



Total (A+B)
Number of voting rights                              % of voting rights

     0                                               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:

N/A







--------------------------









                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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