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Holding(s) in Company

TR-1 (i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

• West Pioneer Properties Ltd

2. Reason for the notification (please state Yes/No): ( )

• An acquisition or disposal of voting rights: ( )
• An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which
  voting rights are attached: ( )
• An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments(Yes)
• An event changing the breakdown of voting rights: ( )
• Other (please specify):( )

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

• Mr. Ali Mortazavi

4. Full name of shareholder(s)(if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):

• 8 January 2010

6. Date on which issuer notified:

• 8 January 2010

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

• 3%

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
	Number of shares	Number of voting Rights

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date	Exercise/Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Exercise price	Expiration date	Exercise/Conversion Period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta
Spreadbet	14 GBX	N/A	N/A	3,035,535	3.8%	3.8%

Total (A+B+C)

Number of voting rights	% of voting rights
3,035,535	3.8%

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

• n/a

Proxy Voting:

10. Name of the proxy holder:

• n/a

11. Number of voting rights proxy holder will cease to hold:

• n/a

12. Date on which proxy holder will cease to hold voting rights:

• n/a

13. Additional information:

• n/a

14. Contact name:

• Mr. Ali Mortazavi

15. Contact number:

• 07768 694 739

 

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