2012-08-06

TR-1 Notification of Major Interest in Shares

6 August 2012


For filings with the FSA include the annex
For filings with issuer exclude the annex

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#TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the underlying issuer Tethys Petroleum Limited of existing shares to which voting rights are attached:
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2. Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights                                 x
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments 
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An event changing the breakdown of voting rights 
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Other (please specify): 
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3. Full name of person(s) subject to the notification obligation:
Soros Fund Management LLC 
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4. Full name of shareholder(s) (if different from 3.): 
Quantum Partners LP 
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5. Date of the transaction and date on which the threshold is crossed or reached: 
3 August 2012 
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6. Date on which issuer notified: 
6 August 2012
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7. Threshold(s) that is/are crossed or reached: 5%
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8. Notified details: 
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A: Voting rights attached to shares 
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Class/type of          Situation previous        Resulting situation after 
shares                 to the triggering         the triggering transaction
                       transaction
if possible using      ------------------------------------------------------
the ISIN CODE
                Number     Number     Number       Number       % of voting 
                of         of         of shares    of voting    rights 
                Shares     Voting                  rights
                           Rights     ---------------------------------------
                                     Direct  Direct Indirect  Direct Indirect

KYG876361091    N/A        N/A       N/A     N/A     N/A      Below 5%    N/A
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of    Expiration     Exercise/     Number of voting       % of voting
financial  date (xiii)    Conversion    rights that may be     rights
instrument                Period (xiv)  acquired if the
                                        instrument is
                                        exercised/converted
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N/A        N/A              N/A         N/A                     N/A
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of     Exercise  Expiration  Exercise/   Number of         % of voting  
financial   price     date        Conversion  voting rights     rights
instrument                        period      instrument                           
                                              refers to
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N/A         N/A        N/A       N/A          N/A               Nominal Delta

                                                                N/A     N/A
Total (A+B+C) 
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Number of voting rights                           Percentage of voting rights
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N/A                                               BELOW 5%
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 
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This statement relates to the common shares held for the account of Quantum Partners LP, a Cayman Islands exempted limited partnership ("Quantum Partners"). Soros Fund Management LLC serves as investment manager to Quantum Partners and has been granted investment discretion over portfolio investments, including the commons shares held for the account of Quantum Partners.
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Proxy Voting: 
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10. Name of the proxy holder: 
N/A
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11. Number of voting rights proxy holder will cease to hold: 
N/A
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12. Date on which proxy holder will cease to hold voting rights: 
N/A
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13. Additional information: 
N/A
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14. Contact name: Jade Cornell Compliance Officer
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15. Contact telephone number: 020 7758 4826
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