The Company was notified on 28 January 2009 that on 27 January 2009 Hargreave Hale Limited disposed of 400,000 ordinary shares in Egdon Resources (“Ordinary Shares”). Following the disposal Hargreave Hale Limited are interested in 12,990,500 Ordinary Shares representing 18.9 per cent. of the issued shares capital. 9,300,000 of these shares are for a unit trust operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.