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Holding(s) in Company

18th Jan 2005 14:58

18 January 2005Notification of Share InterestSections 198-203 of the Companies Act 1985We have today received a notice dated 17 January 2005 from an official ofMorgan Stanley Securities Limited, the extract of which is as follows:"This notification relates to the ordinary shares of the company (the "shares")and is given in fulfilment of the obligation imposed under Section 198 of theCompanies Act 1985 (The 'Act').We hereby notify you that on 13 January 2005 Morgan Stanley Securities Limited("MSSL") disposed of an interest in the shares that resulted in a total holdingof 6,379,722 shares being approximately 3.75% of the issued share capital ofthe company.We have transferred from time to time 6,379,722 shares to third parties onterms which gave us the right to require the return of an equivalent number ofshares. Accordingly, our interest in 6,379,722 shares is pursuant to Section208 (5) of the Act.MSSL is a member of the Morgan Stanley group of companies. Those groupcompanies which are direct or indirect holding companies of MSSL are, under theterms of section 203 of the Companies Act 1985, each interested by attributionin any shares in which MSSL is interested".They have decreased their holding from 9,359,897 shares notified on 22 December2004 to 6,379,722 shares which equates to 3.75% of the issued share capital.Director/Company SecretaryCountrywide plcEND

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CWD.L
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