APL Acp Capital

RNS Number:0537R
IFR Capital  PLC
12 February 2007




TR-1(i):               notification of major interests in shares

1. Identity of the issuer or the                                                             IFR Capital Plc
underlying issuer of existing shares to
which voting rights are attached(ii):
2. Reason for the notification     (please
tick the appropriate box or boxes)
An acquisition or disposal of voting rights X

                                             FORMCHECKBOX
An acquisition or disposal of financial      FORMCHECKBOX
instruments which may result in the
acquisition of shares already issued to
which voting rights are attached
An event changing the breakdown of voting    FORMCHECKBOX
rights
Other (please specify):                      FORMCHECKBOX
___________________________________________
3. Full name of person(s) subject to the                                                   ACP Capital Limited
notification obligation(iii):
4. Full name of shareholder(s) (if                                                           Perseus Holdings Limited
different from 3.)(iv):
5. Date of the transaction (and date on                                                          09/02/07
which the threshold is crossed or reached
if different)(v):
6. Date on which issuer notified:                                                                09/02/07
7. Threshold(s) that is/are crossed or                                                              3%
reached:
8. Notified details:


A: Voting rights attached to shares
Class/type of    Situation previous to the Resulting situation after the triggering transaction(vii)
shares           Triggering transaction
                 (vi)
 if possible     Number of     Number of   Number of     Number of voting rights   % of voting rights
using the ISIN   Shares        Voting      shares        ix
CODE                           Rights viii Direct        Direct  x    Indirect xi  Direct      Indirect

CY1000081111     38,194,092    38,194,092  42,374,092    42,374,092                19.02%




B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.



Total (A+B)
Number of voting rights                            % of voting rights
42,374,092                                         19.02%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:
Perseus Holdings Limited is a wholly-owned and controlled subsidiary of ACP Capital Limited


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:                                 Sacha Macintosh
15. Contact telephone number:                     +44 20 7082 3921



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