TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

attached: ii

ARC CAPITAL HOLDINGS LTD

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

VR Global Partners, L.P.

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

5. Date of the transaction and date on which the

threshold is crossed or reached: v

6. Date on which issuer notified:

12/12/2014

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

11.26%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering

transaction

Resulting situation after the triggering transaction

Class/type of shares

if possible using the ISIN CODE

Number of

Shares

Number of Voting

Rights

Number of

shares

Number of voting

rights

% of voting rights x

Class/type of shares

if possible using the ISIN CODE

Number of

Shares

Number of Voting

Rights

Direct

Direct xi

Indirect xii

Direct

Indirect

Equity

25,679,861

11.26%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/Conversion

Period xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta


Total (A+B+C)

Number of voting rights

Percentage of voting rights

25,679,861

11.26%

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:

14. Contact name:

Alexey Spiridonov

15. Contact telephone number:

+7 495 787 8181

Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Contact address

(registered office for legal entities)

Phone number & email

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FCA website.
distributed by