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Holding in Company

4th Mar 2008 16:43

Elan Corporation PLC04 March 2008 Standard Form TR-1Voting rights attached to shares- Article 12(1) of directive 2004/109/ECFinancial instruments - Article 11(3) of the Commission Directive 2007/14/EC 1. Identity of the issuer or the underlying issuer of existing shares towhich voting rights are attached: Elan Corp Plc 2. Reason for the notification (please tick the appropriate box orboxes): () an acquisition or disposal of voting rights ( ) an acquisition or disposal of financial instruments which may resultin the acquisition of shares already issued to which voting rights are attached (u ) an event changing the breakdown of voting rights 3. Full name of person(s) subject to the notification obligation: FMRLLC and FIL Limited and their direct subsidiaries 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on which the threshold is crossed orreached: 29 February 2008 6. Date on which issuer notified; 04 March 2008 7. Threshold(s) that is/are crossed or reached: 15% 8. Notified details: A) Voting rights attached to sharesClass/type of shares Situation previous to the Resulting situation after the triggering transaction(if possible using Triggering transactionthe ISIN CODE) Number of Number of Number of shares Number of voting rights % of voting rights Shares Voting rights Indirect Direct(i) Indirect Direct IndirectORD/ 70,634,380 70,634,380 70,634,380 70,634,380 14.96 IE0003072950 SUBTOTAL A (based on 70,634,380 70,634,380 70,634,380 70,634,380 14.96aggregate votingrights) B) Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration Date Exercise/Conversion Number of voting % of voting rightsinstrument Period/ Date rights that may be acquired if the instrument is exercised/converted SUBTOTAL B (in relation to all expiration dates) Total (A+B) number of voting rights % of voting rights 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: See attachedschedule 10. In case of proxy voting: 11. Additional information: None FidelityIssuer name: Elan Corp Plc Current ownership percentage: 14.96% Total shares held: 70,634,380 Issued voting rights: 472,119,881 SHARES HELD NOMINEE MANAGEMENT COMPANY Fidelity International Limited (FIL) is 60,298,817 BROWN BROTHERS HARRIMAN AND CO FMRCOthe parent holding company for various direct and 565,200 JP MORGAN CHASE BANK FMRindirectsubsidiaries, including Fidelity Fund 6,768,600 JP MORGAN CHASE BANK FMRCOManagementLimited (FFML), Fidelity Investment 1,954,296 NORTHERN TRUST CO FMRCOServices Ltd(FISL), Fidelity Gestion (FIGEST), 1,045,667 STATE STREET BANK AND TR CO FMRCOFidelity Investments Advisory (Korea) Limited 1,800 N/A(FIAKL), N/AFidelity Investments Management (HongKong)Limited (FIMHK), Fidelity PensionManagement(FPM), Fidelity Investments Japan (FIJ)and FidelityInvestments International (FII),investment managersfor various non-US investment companiesandinstitutional clients. FMR Corp is the parent holding company ofFidelityManagement & Research Company (FMRCO),investmentmanager for US mutual funds, and FidelityManagement TrustCompany (FMTC) and Pyramis GlobalAdvisors Trust Company(PGATC), a US state chartered bank whichacts as a trusteeor investment manager of various pensionand trust accountsand Pyramis Global Advisors LLC (PGALLC). This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. -------------------------- This information is provided by RNS The company news service from the London Stock Exchange

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