Holding(s) in Company

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

Stobart Group Limited

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) Increase in issued share capital

3. Full name of person(s) subject to the notification obligation[iii]:

Ameriprise Financial, Inc. and its group

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

See additional information under 13.

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

09 April 2010

6. Date on which issuer notified:

12 April 2010

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

Below the threshold of 5%

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 [vi]

Resulting situation after the triggering transaction[vii]

Number of Voting Rights viii

Number of shares

Number of voting rights ix

% of voting rights

Direct x

Indirect xi

Direct

Indirect

GB0031367971

375,000

375,000

0

0

0

0.000%

0.000%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period/ Date xiv

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

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

0

0.000%

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

Ameriprise Financial, Inc., which through intermediate holding companies controls the voting rights of Threadneedle Management Luxembourg S.A. and Threadneedle Asset Management Holdings Ltd, which itself controls the voting rights of Threadneedle Asset Management Ltd, Threadneedle International Ltd and Threadneedle Pensions Ltd.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Registered Owner

N/A

14. Contact name:

Company Secretary, Threadneedle Group

15. Contact telephone number:

+44(0)20 7464 5000