Holding(s) in Company

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:

Workspace Group PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

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): Rights Issue

X

3. Full name of person(s) subject to notification obligation:

Fortis Investment Management S.A.

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

Fortis Investment Management S.A. acts as discretionary investment manager for segregated clients and funds

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

11 March 2009

6. Date on which issuer notified:

12 March 2009

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

Below 5%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code:

GB0005296354

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

9,162,147

Number of voting rights

9,162,147

Number of shares

51,961,452

Number of voting rights

Percentage of voting rights

Direct

Indirect

51,961,452

Direct

Indirect

4.97%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

51,961,452

4.97%

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:

Fortis Investment Management S.A. and subsidiaries

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:

Amanda Whalley, Company Secretary

15. Contact telephone name:

020 7369 2377