1st May 2007 17:15
Xchanging PLC01 May 2007 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Xchanging plc 2. Reason for the notification (place an X inside the appropriate bracket/s) An acquisition or disposal of voting rights: ( Yes ) An acquisition or disposal of financial instruments which may result in theacquisition 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 notification obligation: Fidelity International Limited (FIL) 4. Full name of shareholder(s) (if different from 3.) : Fidelity International Limited (FIL) is the parent holding company for variousdirect and indirect subsidiaries, including Fidelity Fund Management Limited(FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion * FIGEST),Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity InvestmentsManagement *Hong Kong) Limited *FIMHK), Fidelity Pension Management (FPM)Fidelity Investments Japan *FIJ) and Fidelity Investments International (FII),investments managers for various non-US investment companies and institutionalclients. 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 25 April 2007 6. Date on which issuer notified: 27 April 2007 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of shares if Number of shares Number of voting rights % of voting rightspossible using the ISIN CODE Direct Direct Indirect Direct Indirect ISIN 12,842,909 6.25% GB00B1VK7X76 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial Period/ Date that may be acquired if theinstrument instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 12,842,909 6.25% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Nominee Management Company Share heldState Str BK and Tr Co Lndn FPM 163,750 Northern Trust London FPM 849,100 JP Morgan, Bournemouth FPM 1,162,800 JP Morgan, Bournemouth FISL 7,546,455 JP Morgan, Bournemouth FIL 1,416,754 JP Morgan, Bournemouth FII 416,500 Brown bros Harrimn Ltd Lux FIL 1,074,100 Bank of New York Brussels FPM 213,500 Proxy Voting: 10. Name of the proxy holder: Fidelity International Limited (FIL) 11. Number of voting rights proxy holder will acquire to hold: 12,842,909 12. Date on which proxy holder will acquire to hold voting rights: 25 April 2007 13. Additional information: N/A 14. Contact name: Teresa Garry 15. Contact: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
XCH.L