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Holding(s) in Company

10th Oct 2008 09:08

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying Chesnara PLC issuer of existing shares to which voting rights

are attached: 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X

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):

3. Full name of person(s) subject to the Allianz SE

notification obligation:

4. Full name of shareholder(s) (if different from Veer Palthe Voute NV

3.):

5. Date of the transaction (and date on which the 8th October 2008 threshold is crossed or reached if different): 6. Date on which issuer notified: 9th October 2008 7. Threshold(s) that is/are crossed or reached: 11%

8. Notified details:

A: Voting rights attached to shares

Class/type Situation Resulting situation after the triggering of shares previous to the transaction Triggering if transaction possible using the ISIN CODE Number of Number of Number of Number of voting % of

voting rights Shares Voting shares rights Rights viii Direct Direct Indirect Direct Indirect GB00B00FPT80 13,592,995 13,592,995 12,132,726 12,132,726 45,989 11.702 0.44359B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period/ rights that may be rights instrument Date xiv acquired if the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 12,178,715 11.747%

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

Allianz Global Investors AG is a wholly-owned subsidiary of Allianz SE. Allianz SE is the ultimate holding company of Veer Palthe Voute NV ("VPV"). VPVis a direct subsidiary of Dresdner Bank Luxembourg S.A. ("DB Lux"), a direct subsidiary of Dresdner Bank AG ("Dresdner"). Dresdner is a direct subsidiary ofAllianz Finanzbeteiligungs GmbH ("Allianz Finanz"), which is itself a direct subsidiary of Allianz SE. Dresdner Bank AG is the holding company of Kleinwort Benson Private Bank Ltd. Dresdner Bank AG is a subsidiary of Allianz Finanzbeteiligungs GmBH which is a direct subsidiary of Allianz SE.

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: Dresdner Kleinwort Media Relations Team

15. Contact telephone number: 020 7623 8000

vendor

Related Shares:

Chesnara
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