Released: 05/11/2009

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20091105:RnsE0700C
                                                                                                                       .
RNS Number : 0700C  
  
Hardy Oil & Gas plc  
  
05 November 2009  
  
 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES  
  
  
 
  1. Identity of the issuer or the underlying issuerof   Hardy Oil & Gas plc  
  existing shares to which voting rights areattached:                         
  
  
 
  2 Reason for the notification (please tick the appropriate box or boxes):          
                                                                X                    
  An acquisition or disposal of voting rights                                        
                                                                                     
  An acquisition or disposal of qualifying financial                                 
  instruments which may result in theacquisition 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 thenotification        Lloyds Banking Group plc              
  obligation:                                                                                       
                                                                                                    
  4. Full name of shareholder(s) (if differentfrom 3.):       See Section 9.                        
                                                                                                    
  5. Date of the transaction and date onwhich the threshold   3November 2009                        
  is crossed orreached:                                                                             
                                                                                                    
  6. Date on which issuer notified:                           5 November 2009                       
                                                                                                    
  7. Threshold(s) that is/are crossed orreached:              Direct/Indirect decrease to above10%  
                                                                                                    
  
  
 
  8. Notified details:                                                                                         
  A: Voting rights attached to shares                                                                          
                                                                                                               
  Class/type of        Situation previous      Resulting situation after the triggering transaction            
  shares               to the triggering                                                                       
  if possible using    transaction                                                                             
  the ISIN CODE                                                                                                
                       Number      Number      Number       Number of voting          % of voting rights       
                       of          of          of shares    rights                                             
                       Shares      Voting                                                                      
                                   Rights                                                                      
                                               Direct       Direct       Indirect     Direct       Indirect    
  Ord USD0.01          6,332,163   6,332,163   140,147      140,147      7,034,489    0.204%       10.265%     
  GB00B09MB366        
  
  
 
  B: Qualifying Financial Instruments                                                                    
  Resulting situation after the triggering transaction                                                   
                                                                                                         
  Type of financial   Expiration   Exercise/ Conversion  Period   Number of voting          % of voting  
  instrument          date                                        rights that may be        rights       
                                                                  acquired if the                        
                                                                  instrument is                          
                                                                  exercised/ converted.                  
                                                                                                         
                                                                                                         
  
  
 
  C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                              
  Resulting situation after the triggering transaction                                                                                                   
                                                                                                                                                         
  Type of financial   Exercise  price   Expiration  date   Exercise/             Number of voting  rights instrument  refers to   % of voting rights     
  instrument                                               Conversion  period                                                                            
                                                                                                                                  Nominal     Delta      
                                                                                                                                                         
                                                                                                                                                         
  
  
 
  Total (A+B+C)                                          
                                                         
  Number of voting rights   Percentage of voting rights  
  7,174,636                 10.469%                      
  
  
 
  9. Chain of controlled undertakings through which the voting   
  rights and/or the                                              
  financial instruments are effectively held, if applicable:     
  7,159,076 Shares (10.447%) are under the control of Scottish   
  Widows Investment Partnership Ltd, a wholly owned subsidiary   
  of Scottish Widows Group Ltd, a wholly owned subsidiary of     
  Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds       
  Banking Group plc (Indirect Interests).                        
                                                                 
                                                                 
                                                                 
                                                                 
  
  
 
  Proxy Voting:                                                      
                                                                     
  10. Name of the proxy holder:                             N/A      
                                                                     
  11. Number of voting rights proxy holder will ceaseto     N/A      
  hold:                                                              
                                                                     
  12. Date on which proxy holder will cease to holdvoting   N/A      
  rights:                                                            
                                                                     
  
  
 
  13. Additional information:      Notification using the Total Voting Rights figure of  
                                   68,530,044                                            
  14. Contact name:                Matthew Wilson                                        
                                                                                         
  15. Contact telephone number:    0113 235 7729                                         
                                                                                         
  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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