2015-12-03

TR-1: Notification of Major Interest in Shares

Tethys Petroleum Limited  -  TPL   
TR-1: Notification of Major Interest in Shares
Released 11:40 03-Dec-2015




FOR:  TETHYS PETROLEUM LIMITED

TSX, LSE SYMBOL:  TPL

December 3, 2015

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For filings with the FCA include the annex
For filings with issuer exclude the annex
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1.  Identity of the issuer or the underlying issuer of existing shares to 
which voting rights are attached:(ii)                            
                                        Tethys Petroleum Ltd
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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
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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): Disclosure pursuant
 to implementation of Amended Transparency Directive   X
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3. Full name of person(s) subject to the notification obligation:(iii)
                            JPMorgan Asset Management Holdings Inc.
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4. Full name of shareholder(s) (if different from 3.):(iv)                                             
           JPMorgan Asset Management (UK) Limited
           J.P. Morgan Investment Management Inc.
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5. Date of the transaction and date on which the threshold is crossed 
or reached:(v)   
                        26 November 2015
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6. Date on which issuer notified:                           
                        01 December 2015
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7. Threshold(s) that is/are crossed or reached:(vi, vii)                                                        
                                5%
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8. Notified details:
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A: Voting rights attached to shares(viii, ix)
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Class/type
 of shares

if possible  Situation previous
 using the   to the triggering Resulting situation after the triggering
 ISIN CODE   transaction       transaction
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             Number  Number of Number of Number of voting   % of voting
             of      Voting    shares    rights             rights (x)
             Shares  Rights
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                                Direct   Direct   Indirect  Direct Indirect
                                         (xi)     (xii)
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KYG876361091 N/A      N/A                          21,658,579       6.43%
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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       % of voting
financial       date(xiii)     Conversion     voting rights   rights
instrument                     Period(xiv)    that may be
                                              acquired if
                                              the instrument
                                              is exercised/
                                              converted.
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C: Financial Instruments with similar economic effect to Qualifying
   Financial Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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Type of    Exercise   Expiration Exercise/  Number of  % of voting rights
financial  price      date       Conversion voting     (xix, xx)
instrument            (xvii)     period     rights
                                 (xviii)   instrument
                                            refers to
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                                                       Nominal    Delta
                                                       --------------------
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Total (A+B+C)
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Number of voting rights               Percentage of voting rights
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21,658,579                            6.43%
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9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable:(xxi)
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Total disclosable holding for JPMorgan Asset Management Holdings Inc :
 21,658,579 (6.43%)

Direct: JPMorgan Asset Management (UK) Limited : 21,236,279 (6.31%)
Direct: J.P. Morgan Investment Management Inc.

Chain of control:
JPMorgan Asset Management Holdings Inc. (100%)
J.P. Morgan Investment Management Inc. (100%)

JPMorgan Asset Management Holdings Inc. (100%)
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management Holdings (UK) Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)

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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:           This notification is made pursuant to
                                       the implementation of the Amended
                                       Transparency Directive and is not
                                       necessarily the result of a
                                       transaction.
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14. Contact name:                                 Evangelos Galiatsatos
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15. Contact telephone number:                     020 7742 6148
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