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Holding(s) in Company

19th Mar 2007 15:54

Costain Group PLC19 March 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Costain Group PLC 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( ) 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) : Declaration of major shareholding as per FSATransitional Provision 7 ( x ) 3. Full name of person(s) subject to the notification obligation (iii): Mohammed Abdulmohsin Al-Kharafi & Sons WLL 4. Full name of shareholder(s) (if different from 3.) (iv): N/A 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): N/A 6. Date on which issuer notified: (Before 20 March) 2007 7. Threshold(s) that is/are crossed or reached: 22% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction (vi)using the ISIN CODE Number of shares Number of voting Rights (viii) GB0002272184 N/A N/A Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rightspossible using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect 0 0 79,168,523 0 22 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial (xiii) Period/ Date (xiv) that may be acquired if theinstrument instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 79,168,523 22 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): Mohammed Abdulmohsin Al-Kharafi & Sons WLL holds 79,168,523 shares in CostainGroup PLC registered in the name of three nominees: 1,500,000 shares areregistered in the name of Rood Nominees, 3,200,000 in the name of VidacosNominees Limited and a further 74,468,523 in the name of NY Nominees Limited 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: Saad Shehata 15. Contact telephone number: 00202 5746681 Annex to Notification Of Major Interests In Shares (xvi) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): Mohammed Abdulmohsin Al-Kharafi & Sons WLL Contact address (registered office for legal entities): P.O. Box 886 - Safat 13009 - Kuwait Phone number: + (965)-481-3622/25 Other useful information (at least legal representative for legal persons): Attn:- Ahmed Samy - Investment Management Telephone:- +(965)-483-0025 Telefax:- +(965)-481-4863 Email:- [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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Costain
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