Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Resolution Limited

GG00B62W2327

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

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

Yes

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

n/a

An event changing the breakdown of voting rights

n/a

Other (please specify):

n/a

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

UBS Global Asset Management (Traditional Entities)

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

CCR Asset Management

UBS Global Asset Management (Americas) Inc

UBS Global Asset Management (Australia) Ltd

UBS Global Asset Management (Canada) Co.

UBS Global Asset Management (Deutschland) GmbH.

UBS Global Asset Management (Japan) Ltd

UBS Global Asset Management (UK) Limited

UBS Global Asset Management Life Limited

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

03 August 2010

6. Date on which issuer notified:

05 August 2010

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

11%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct xi

Indirect xii

Direct

Indirect

GG00B62W2327

Below Notifiable Threshold

Below Notifiable Threshold

778,459

123,819

654,640

0.15%

0.81%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Equity Options

GG00B3KTJ333

05 August 2010

-

8,339,793

10.35%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Equity Swaps

1

31 December 2049

39 Years

15,452

Nominal

Delta

0.02%

-

Total (A+B+C)

Number of voting rights

Percentage of voting rights

9,133,704

11.33%

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

CCR Asset Management - 19,678 - 0.02%

UBS Global Asset Management (Americas) Inc - 60,171 - 0.07%

UBS Global Asset Management (Australia) Ltd - 3,240 - 0.00%

UBS Global Asset Management (Canada) Co. - 2,284 - 0.00%

UBS Global Asset Management (Deutschland) GmbH. - 95,495 - 0.12%

UBS Global Asset Management (Japan) Ltd - 30,000 - 0.04%

UBS Global Asset Management (UK) Limited - 6,694,068 - 8.32%

UBS Global Asset Management Life Limited - 2,228,768 - 2.76%

Proxy Voting:

10. Name of the proxy holder:

UBS Global Asset Management on behalf of a number of clients

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:

Brigitte Schwarz / Nemanja Pantic

15. Contact telephone number:

+41 44 239 6299