Holding(s) in Company

TR-1:

NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Yell Group plc

2. Reason for the notification  

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 the notification obligation:

Artemis Investment Management Ltd

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

Artemis Income Fund

MT Income Fund

COL Cash

COL Pension

P&O Pension Scheme

Institutional Equity Income Fund

COL Hampstead Heath

COL Charities Pool

HSBC UK Equity Income

Artemis European Hedge Fund

L&G (Barclays) Equity Income 1

L&G (Barclays) Equity Income 2

BBC Pension Trust

SAUL

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

20/3/2009

6. Date on which issuer notified:

23/03/2009

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

6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the 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

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary 1p

GB0031718066

14,484,674

14,484,674

51,617,065

51,617,065

6.57

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of financial instrument 

Expiration date

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

N/A

Total (A+B)

Number of voting rights

% of voting rights

51,617,065

6.57

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 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:

Alistair Fleming

15. Contact telephone number:

0131 718 0411

ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Full name (including legal form for legal entities)

Artemis Investment Management Ltd

Contact address (registered office for legal entities)

42 Melville StreetEdinburghEH3 7HA

Phone number 

Other useful information (at least legal representative for legal persons)

B:  Identity of the notifier, if applicable

Full name 

Alison Stanesby

Contact address 

Yell Group plc, Queens Walk, Oxford Road, Reading, Berkshire, RG1 7PT

Phone number 

+44 (0) 118 960 3437

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

N/A

C: Additional information

N/A