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:

Arena Leisure plc

2. Reason for notification (yes/no)

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):______________

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

BNP Paribas Arbitrage SNC

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

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

8 September 2008

6. Date on which issuer notified:

9 September 2008

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

6.00%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GB0000219260

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

N/A

Number of voting rights

N/A

Number of shares

22,888,605

Number of voting rights

Percentage of voting rights

Direct

22,888,605

Indirect

Direct

6.2846%

Indirect

Total (A+B)

Number of voting rights

Percentage of voting rights

22,888,605

6.2846%

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:

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:

15. Contact telephone name:

Annex: Notification of major interests in shares

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

Full name 

(including legal form of legal entities)

Arena Leisure plc

Contact address 

(registered office for legal entities)

Arena Leisure plc, 408 Strand, London, WC2R 0NE

Phone number & email

020 7632 2085

[email protected]

Other useful information 

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

BNP Paribas

Contact address

10 Harewood Avenue, London, NW1 6AA

Phone number & email

00 44 (0) 20 7595 4821

[email protected]

Other useful information

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

C: Additional information