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Holding(s) in Company

15th Feb 2007 16:57

Devro PLC15 February 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying Devro Plcissuer of existing shares to which voting rights are attached(1): 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 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):______________Filed pursuant to DTR 5 ( X ) 3. Full name of person(s) subject to the Marathon Asset Management LLPnotification obligation(1): 4. Full name of shareholder(s) (if different See attached breakdownfrom 3.)(1): 5. Date of the transaction (and date on whichthe threshold is crossed or reached if different)(1): 6. Date on which issuer notified: 13th February 2007 7. Threshold(s) that is/are crossed orreached: 5% 8. Notified details: A: Voting rights attached to shares Class/ Situation previous to the Resulting situation after the triggeringtype of Triggering transaction (1) transaction(1)sharesifpossible Number of Number of Number of Number of voting % of votingusing Shares Voting Rights shares rights ix rightsthe ISIN viii Direct Direct Indirect xi Direct IndirectCODE x Ordinary 15,891,615 11,492,268 15,891,615 11,492,268 7.057 B: Financial Instruments Resulting situation after the triggering transaction xii Type of Expiration Exercise/ Number of voting rights that may % offinancial date xiii Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights xiv Total (A+B)Number of voting rights % of voting rights 11,492,268 7.057% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable xv: 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: 15. Contact telephone number: Annex Notification Of Major Interests In Shares xvi A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities) Marathon Asset Management LLP Contact address (registered office for legal Orion House, 5 Upper Stentities) Martin's Lane London, WC2H 9EA Phone number 0207 497 2211 Other useful information (at least legal Simon Daviesrepresentative for legal persons) B: Identity of the notifier, if applicable xvii Full name Contact address Phone number Other useful information (e.g. functional relationship with the person orlegal entity subject to the notification obligation) C: Additional information -------------------------- (i) This information is provided by RNS The company news service from the London Stock Exchange

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