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Holding(s) in Company

16th Jan 2007 15:27

16 January 2007

Notification of Share Interest

Sections 198-203 of the Companies Act 1985

We have received the following notice dated 12 January 2007 from an official of Polygon Investment Partners HK Limited, the extract of which is as follows:

"In accordance with the provisions of Sections 198-202 of the Companies Act 1985, we give you notice that Polygon Investment Partners LLP, Polygon Investment Partners LP and Polygon Investment Partners HK Limited, which act on behalf of Polygon Global Opportunities Master Fund, have a notifiable interest in 10,040,000 ordinary shares of five pence each in the capital of Countrywide plc (the "Company") amounting to 5.88% of the issued share capital of the Company, on the basis that its issued share capital is 170,851,990 ordinary shares".

They have decreased their holding from 15,836,682 shares notified on 12 January 2007 to 10,040,000 shares which equates to 5.88% of the issued share capital.

Director/Secretary

Countrywide plc

COUNTRYWIDE PLC

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