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Holding(s) in Company

12th Mar 2007 11:46

Redstone PLC12 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): REDSTONE PLC - GB0033057919 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: ( X ) 3. Full name of person(s) subject to the notification obligation (iii): UBS GLOBAL ASSET MANAGEMENT - TRADITIONAL 4. Full name of shareholder(s) (if different from 3.) (iv): USB Global Asset Management Life Limited 5. Date of the transaction and date on which the threshold is crossed or reachedif different) (v): 7th March 2007 6. Date on which issuer notified: 8th March 2007 7. Threshold(s) that is/are crossed or reached: 4.20% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) GB0033057919 96,131,642 96,131,642 Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rights if possible using (ix) the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect GB0033057919 47,619,000 47,619,000 0 4.20% 0.00% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of voting financial (xiii) Period/ Date (xiv) rights that may be rights instrument acquired if the instrument is exercised/ converted. - - - - - Total (A+B)Number of voting rights % of voting rights 47,619,000 4.20% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): UBS Global Asset Management Life Limited 47,619,000 4.20% Proxy Voting: 10. Name of the proxy holder: UBS Global Asset Management on behalf of a number of asset management clients 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: Angela HuffAssociate DirectorUBS AG 15. Contact telephone number: 0207 568 4981 This information is provided by RNS The company news service from the London Stock Exchange

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