Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

Stobart Group Ltd Inc. Shs GBP0.10

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

Yes

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

No

An event changing the breakdown of voting rights

No

Other (please specify):______________

N/A

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

Cenkos Channel Islands Nominee Company Limited 

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

5. Date of transaction (and date on which the threshold is crossed or reached if different):

06 February 2009

6. Date on which issuer notified:

09 February 2009

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

Notifiable Interest in the Stobart Income Shares of greater than 18%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use 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

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Income Shares 

GB0031367971

Nil

Nil

987,500

987,500

18.74%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

987,500

18.74%

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

See Section 4

Proxy Voting:

10. Name of proxy holder:

See Section 3

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:

Figures are based on total number of voting rights of 5,271,678 Income Shares of 10p each.

14 Contact name:

Paul Oliver

15. Contact telephone name:

01481 732767

Annex: Notification of major interests in shares

A: Identity of the persons or legal entity subject to the notification obligation

Full name 

(including legal form of legal entities)

Cenkos Channel Islands Nominee Company Limited

Contact address 

(registered office for legal entities)

P O Box 222, 16 New Street

St Peter Port

Guernsey

GY1 4JG

Phone number & email

01481 732767 

[email protected]

Other useful information 

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information