RNS Number:7828J
Latitude Resources plc
12 December 2007


TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


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

   Latitude Resources Plc

2. Reason for the notification (please state Yes/No): ( )

   An acquisition or disposal of voting rights: (Yes)
   An acquisition or disposal of financial instruments which may result in the
   acquisition of shares already issued to which voting rights are attached: ( )
   An event changing the breakdown of voting rights: ( )
   Other (please specify): ( )

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

   Investec Bank (UK) Ltd

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

   Investec Bank (UK) Ltd


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

   10 December 2007

6. Date on which issuer notified:

   12 December 2007

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

   28%

8. Notified details:



A: Voting rights attached to shares

Class/type of shares if possible   Situation previous to the Triggering transaction
using the ISIN CODE                                      (vi)
                                    Number of shares  Number of voting Rights (viii)
Ord Shares                            72,075,000                          72,075,000
GB0009587568


Resulting situation after the triggering transaction (vii)

Class/type of       Number of       Number of voting         % of voting rights
shares if            shares           rights (ix)
possible using
the ISIN CODE
                          Direct Direct (x)    Indirect    Direct            Indirect
                                                   (xi)
GB0009587568          75,925,000 75,925,000               28.1698


B: Financial Instruments


Resulting situation after the triggering transaction (xii)
Type of     Expiration Date  Exercise/          Number of voting     % of voting
financial   (xiii)           Conversion Period/ rights that may be   rights
instrument                   Date (xiv)         acquired if the
                                                instrument is
                                                exercised/ converted



Total (A+B)
 Number of voting rights  % of voting rights
              75,925,000             28.1698


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



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:

14. Contact name:

    David Burfoot

15. Contact number:

    020 7597 4394



Annex to Notification Of Major Interests In Shares (xvi)


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


Full name (including legal form for legal entities):

Investec Bank (UK) Ltd

Contact address (registered office for legal entities):

2 Gresham Street, London EC2V 7QP

Phone number

020 7597 4394


Other useful information (at least legal representative for legal persons):




B: Identity of the notifier, if applicable (xvii)


Full name:




Contact address:




Phone number:




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










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

END
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