Significant shareholders

As at 16 March 2010, shareholders holding more than 3% of the share capital of Obtala Resources Plc were

Grandinex International Corp* 32.73%
Ora (Guernsey) Limited 27.75%
African Minerals Limited 9.90%
State Street Nominees Limited 6.99%

* Francesco Scolaro is the controlling shareholder of Grandinex, which will hold 70,000,000 ordinary shares at Admission