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Holding(s) in Company

18th Apr 2005 13:28

18 April 2005Notification of Share InterestSections 198 - 203 of the Companies Act 1985We have received a notice, dated 15 April 2005 from an official of BinghamMcCutchen LLP, on behalf of Abrams Capital International Ltd., Abrams CapitalPartners I, LP, Abrams Capital Partners II, LP, and Whitecrest Partners LP, theextract of which is as follows:-"This notice of disclosure of interests in the ordinary shares of the Company(the "Ordinary Shares") is made pursuant to Section 198 et seq., Part VI of theCompanies Act 1985, as amended (the "Act") on behalf of Abrams CapitalInternational Ltd., Abrams Capital Partners I, LP, Abrams Capital Partners II,LP and Whitecrest Partners LP as well as on behalf of Pamet Capital Management,LLC, Abrams Capital LLC and David Abrams, as related parties.Abrams Capital International Ltd., Abrams Capital Partners I, LP, AbramsCapital Partners II, LP and Whitecrest Partners, LP have acquired an interestin the Ordinary Shares of the Company that resulted in a total holding of5,401,906 Ordinary Shares in the Company. Following the acquisition, theentities hold the following interests in the Company:Name and Address Interests being Disclosed * Abrams Capital International 331,800 Ordinary Shares (and Ltd. interests pursuant to s.204 of the Act in Ordinary Shares held by c/o Abrams Capital LLC Abrams Capital Partners I, LP, Abrams Capital Partners II, LP and 222 Berkeley Street Whitecrest Partners, LP) 22nd Floor 376,600 Ordinary Shares (and interests pursuant to s.204 of the Boston Act in Ordinary Shares held by Abrams Capital International Ltd., MA 02116 Abrams Capital Partners II, LP and Whitecrest Partners, LP) * Abrams Capital Partners I, LP 3,884,706 Ordinary Shares (and c/o Abrams Capital LLC interests pursuant to s.204 of the Act in Ordinary Shares held by 222 Berkeley Street Abrams Capital International, Ltd., Abrams Capital Partners I, LP and 22nd Floor Whitecrest Partners, LP) Boston 808,800 Ordinary Shares (and interests pursuant to s.204 of the MA 02116 Act in Ordinary Shares held by Abrams Capital International Ltd., * Abrams Capital Partners II, LP Abrams Capital Partners I, LP and Abrams Capital Partners II, LP) c/o Abrams Capital LLC 331,800 Ordinary Shares (by virtue 222 Berkeley Street of s.203 of the Act) 22nd Floor 5,070,106 Ordinary Shares (by virtue of s.203 of the Act) Boston 5,401,906 Ordinary Shares (by MA 02116 virtue of s.203 of the Act) * Whitecrest Partners, LP c/o Abrams Capital LLC 222 Berkeley Street 22nd Floor Boston MA 02116 * Pamet Capital Management, LLC c/o Abrams Capital LLC 222 Berkeley Street 22nd Floor Boston MA 02116 * Abrams Capital, LLC c/o Abrams Capital LLC 222 Berkeley Street 22nd Floor Boston MA 02116 * David Abrams c/o Abrams Capital LLC 222 Berkeley Street 22nd Floor Boston MA 02116 The registered holder of all of the 5,401,906 Ordinary Shares, which are thesubject of this notice, is Morgan Stanley who holds such shares as custodianfor Abrams Capital International Ltd., Abrams Capital Partners I, LP, AbramsCapital Partners II, LP and Whitecrest Partners, LP.Each of Abrams Capital International Ltd., Abrams Capital Partners I, LP,Abrams Capital Partners II, LP and Whitecrest Partners, LP should be regardedas being party to an agreement within the meaning of Section 204 Companies Act1985. Each of Abrams Capital International Ltd., Abrams Capital Partners I, LP,Abrams Capital Partners, II, LP and Whitecrest Partners, LP are, pursuant toSection 205 Companies Act 1985, interested in the shareholding of the othercompany.For the purposes of Section 203 of Companies Act 1985, we notify you that:Pamet Capital Management, LLC's interest in the Ordinary Shares arises from itscapacity as investment manager of Abrams Capital International Ltd.Abrams Capital LLC's interest in the Ordinary Shares arises from its capacityas general partner of each of Abrams Capital Partners I, LP, Abrams CapitalPartners II, LP and Whitecrest Partners, LP.David Abrams' interest in the Ordinary Shares arises from him being themanaging member of each of Pamet Capital Management, LLC and Abrams Capital,LLC."On the basis of an issued share capital of 178,754,455 the holding of 5,401,906shares represents 3.02% of the Company's share in issue.Director/Company SecretaryCountrywide plcENDCOUNTRYWIDE PLC

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