Disclosure of Holdings

Date : 04/03/2008 @ 10:41AM
Source : UK Regulatory (RNS and others)
Stock : Baltic Oil Terminals (BTC)
Quote : 20.0  -1.5 (-6.98%) @ 11:14AM
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Disclosure of Holdings

RNS Number:5700R
Baltic Oil Terminals Plc
03 April 2008

                            Baltic Oil Terminals PLC

                             Disclosure of Holdings


TR-1:      NOTIFICATION OF MAJOR INTEREST IN SHARES


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

Baltic Oil Terminals PLC


2. Reason for the Notification -(please tick the appropriate box or boxes)


An acquisition or disposal of voting rights                                 yes


An acquisition or disposal of financial instruments which                    no
may result in the acquisition of shares already issued to 
which voting rights are attached


An event changing the breakdown of voting rights                             no


Other (please specify):                                                     yes


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

Utilico Emerging Markets Limited


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

As above

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

31/03/08


6. Date on which issuer notified:                                        

01/04/08


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

12%


8. Notified details:


A: Voting rights attached to shares
Class/type of shares  Situation previous to the Resulting situation after the triggering
transaction
                      Triggering transaction


If possible using the Number of    Number of    Number of     Number of voting rights % of
voting rights
ISIN CODE             Shares       Voting       shares
                                   Rights       Direct        Direct       Indirect   Direct  
   Indirect


GB00B12V3082          6,647,771    6,647,771    7,147,771     7,147,771    -          12.82%  
   -




B: Financial Instruments


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


Total (A+B)


Number of voting rights                          % of voting rights

7,147,771                                        12.82%



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


Clients                     No. of voting rights       % of total voting rights   Registration
name
Utilico Emerging Markets    7,147,771                  12.82                      Chase
Nominees Limited
Limited



Proxy Voting


10. Name of the proxy holder:                                       F&C Management Ltd,
Administrator for
                                                                    Utilico Emerging Markets
Limited

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:                       N/A






Enquiries:                                                          2 April 2008


Baltic Oil Terminals plc
Robert Wilde                                   +44(0) 20 7034 7030

Pelham PR
Archie Berens                                  +44(0) 207 743 6679

Evgeniy Chuikov                                +44(0) 203 008 5506





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

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