Notification of Interest in Total Voting Rights

2/4/2013 8:30 AM EST

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:
Avocet Mining PLC

2. Reason for the notification
An acquisition or disposal of voting rights

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

4. Full name of shareholder(s) (if different from 3):
UBS AG London Branch

5. Date of the transaction (and date on which the 
threshold
is crossed or reached if different):
31st  January 2013

6. Date on which issuer notified:
04th February 2013

7. Threshold(s) that is/are crossed or reached:
11%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares 
 if possible using the ISIN CODE	Situation 
previous to the Triggering transaction 	Resulting 
situation after the triggering transaction 
	Number of Shares 	Number of Voting 
Rights	Number of shares 	Number of voting 
rights	% of voting rights
			Direct	Direct	Indirect	
Direct	Indirect
GB0000663038	22,706,649	22,706,649	
21,494,503	21,494,503	-	10.80%	-



B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument 	Expiration date	
Exercise/ Conversion  Period/ Date	Number of 
voting rights that may be acquired if the instrument 
is exercised/ converted. 	% of voting rights
N/A   	N/A	N/A	N/A	N/A
C:Financial Instruments with similar economic effect 
to Qualifying Financial Instruments 
Resulting situation after the triggering transaction
Type of financial instrument 	Expiration date	
Exercise/ Conversion  Period/ Date	Number of 
voting rights instrument refers to:	% of voting 
rights
N/A 	N/A	N/A	N/A
	N/A


Total (A+B+C)
Number of voting rights	% of voting rights
     
      21,494,503              	
                    10.80%

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

Proxy Voting:
10. Name of the Proxy holder:

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: 


Contact Name:    		  Konstantina Georgaki 
/ Zuzana Görögová

Telephone Number:  	+41 44 239 4071


For further information see appendix at 
[http://www.newsweb.no].