O Twelve Estates(OTE)

Sector:

General Financial

Index:

FTSE AIM All-Share

Market Cap

£24.50m

Change Today

0.000p

Share Price

20.00p

Holding(s) in Company

O Twelve Estates Limited
14 March 2008

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



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

O Twelve Estates Limited



2. Reason for the notification (please state Yes/No): (    )



An acquisition or disposal of voting rights:



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:



An event changing the breakdown of voting rights:



Other (please specify) : Merger of iimia MitonOptimal plc & Midas Capital
Partners Ltd (06/03/08)



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

Midas Capital plc



4. Full name of shareholder(s) (if different from 3.) (iv):

See Section 9 below



5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

06/03/08



6. Date on which issuer notified:

14/03/08



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

Over 5%



8. Notified details:



A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)








Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect


GB00B0XPT375                 10,250,000               10,250,000                        8.37%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.




Total (A+B)
Number of voting rights        % of voting rights


10,250,000                     8.37%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



CF Midas Balanced Income Fund
                     10,250,000

(Registered: Bank of New York Nominees a/c 392513)



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:

Elysium Fund Management Limited



15. Contact telephone number:

01481 810100


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