Amerisur Resources : Notification of Major Interest in Shares

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

Amerisur Resources Plc

2 Reason for the notification(please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying 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

An event changing the breakdown of voting rights

Other (please specify):

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

Rex Harbour

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

Held in the nominee of Investec Wealth & Investment on behalf of accounts controlled by Rex Harbour

5. Date of the transaction and date on
which the threshold is crossed or
reached:v

26th November 2014

6. Date on which issuer notified:

26th November 2014

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

14%

8. Notified details:

A: Voting rights attached to sharesviii, ix

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 x

Direct

Directxi

Indirectxii

Direct

Indirect

GB0032087826

148,516,478

148,516,478

149,016,478

149,516,478

-

14.029 %

Based on 1,062,200,000 ordinary shares in issue (Bloomberg 26th November 2014)

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
datexiii

Exercise/
Conversion Periodxiv

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 Instrumentsxv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration datexvii

Exercise/
Conversion periodxviii

Number of voting rights instrument refers to

% of voting rightsxix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

149,516,478

14.029 %

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

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:

Held in the nominee of Investec Wealth & Investment

14. Contact name:

Jonathan Sleath

15. Contact telephone number:

0207 597 1607