Cove Energy PLC : Notification of Major Interest in Shares

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

COVE ENERGY 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:

CREDIT SUISSE GROUP AG

4. Full name of shareholder(s)

(if different from 3.):

Please see section 9

5. Date of the transaction and date on

which the threshold is crossed or reached:

27/06/2012

6. Date on which issuer notified:

29/06/2012

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

14%

8. Notified details:

A: Voting rights attached to shares

Class/type of

shares

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Direct

Direct

Indirect

Direct

Indirect

ORD GB0034353531

63,915,922

63,915,922

N/A

N/A

68,779,958

N/A

14.0083%

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

xv, xvi

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration

date

Exercise/

Conversion period

Number of voting

rights instrument refers to

% of voting rights

N/A

Nominal

Delta

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

68,779,958

14.0083%

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:

Anthony Allen/ Paul MacDonald

15. Contact telephone number:

+44 (0) 20 7888 5416/ 8548

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

Full name

(including legal form of legal entities)

Credit Suisse Group AG

Contact address

(registered office for legal entities)

One Cabot Square, London E14 4QJ

Phone number & email

020 7883 5416 Anthony.Allen@credit-suisse.com

Other useful information

(at least legal representative for legal persons)

Anthony Allen

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)