Holdings in Company

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(23/07/07) Holdings in Company

23 July 2007

GTL Resources plc ("GTL" or the "Company")

Symbol: GTL

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of Issuer

GTL Resources PLC

2. Reason for notification

An acquisition or disposal of voting rights

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

UBS INVESTMENT BANK

4. Full name of the shareholder(s) (if different from 3 above)

UBS AG London Branch

5. Date of the Transaction

17 July 2007

6. Date on which issuer notified

19 July 2007

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

8.09 %

8. Notified Details

(A) Voting Rights Attached to shares Number of Voting Rights (Direct) – 1,836,476

% of Voting Rights (Direct) – 8.09 %

Number of Voting Rights (Indirect) – Nil

% of Voting Rights (Indirect) – Nil

(B) Financial Instruments – Nil

Total (A)+(B) Total number of Voting Rights – 1,836,476

Total % of Voting Rights – 8.09 %

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

UBS AG London Branch – 1,836,476 – 8.09 %

Proxy Voting

10. Name of 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. Any additional information

14. Name of contact and telephone number for queries

Susanne Steyn – 0207 567 6116

15. Name and signature of authorised company official responsible for making this notification

Micahel Brennan, Finance Director – 01642 794000