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Company Kalahari Minerals
TIDM KAH
Headline Holding(s) in Company
Released 07:00 11-Sep-08
Number 1997D07

RNS Number : 1997D
Kalahari Minerals PLC
11 September 2008



Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration

Kalahari Minerals plc ("Kalahari" or "the Company")

Notice of Major Shareholdings by Rio Tinto

Kalahari Minerals plc, the AIM listed mining exploration group with a portfolio of copper, base metal and uranium interests in Namibia, was notified on 10 September 2008 that Rio Tinto International Holdings Australia Pty Ltd purchased 24,817,310 ordinary shares in the Company on 8 September 2008, representing approximately 14.9% of the Company's total voting rights.

In addition, Extract Resources Limited ("Extract") also announced today on the ASX that Rio Tinto International Holdings Australia Pty Ltd is now a substantial holder in Extract, with 23,162,192 ordinary shares, representing approximately 10.9% of Extract's total voting rights.

Kalahari Chairman Mark Hohnen said, "Rio Tinto's major investment in Kalahari is great news for the Company and we welcome them to our shareholder base. The involvement of Rio Tinto, one of the world's leading mining and exploration companies, confirms the world class nature of our uranium investment in Namibia, particularly within the alaskite belt that hosts the world class Rossing Mine. Kalahari believes that Rio Tinto's investment will provide further confidence for shareholders in our decision to acquire the remaining 60.89% of Extract Resources."

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