Holding(s) in Company

23rd Jan 2009 09:11

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:

Chesnara plc 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

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to New Star Asset Management Limited

notification obligation:

4. Full name of shareholder(s) (if N/A

different from 3):

5. Date of transaction (and date on 21 January 2009 which the threshold is crossed or reached if

different):

6. Date on which issuer notified: 22 January 2009 7. Threshold(s) that is/are crossed or below 5%

reached: 8: Notified Details

A: Voting rights attached to shares

Class/type of Situation previous to Resulting situation after shares the triggering the triggering transaction transaction If possible Number of Number of Number of Number of Percentage of use shares voting shares voting rights voting rights ISIN code rights Direct Indirect Direct Indirect GB00B00FPT80 5,388,131 5,388,131 5,055,694 5,055,694 4.98% B: Financial Instruments Resulting situation after the triggering transaction

Type of Expiration Exercise/ No. of voting Percentage of financial date conversion rights that may be voting rights instrument period/date acquired (if the instrument exercised/ converted) Total (A+B) Number of voting rights Percentage of voting rights 5,055,694 4.98%

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

Proxy Voting: 10. Name of proxy holder: N/A

11. Number of voting rights proxy N/A

holder will cease to hold:

12. Date on which proxy holder will N/A cease to hold voting rights: 13. Additional information: N/A

14 Contact name: Buz de Villiers

15. Contact telephone name: 020 7225 6145

For notes on how to complete form TR-1 please see the FSA website.

vendor

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Related Shares:

Chesnara