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:

Resolution Limited

(GG00B3FHW224)

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

YES

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

NO

An event changing the breakdown of voting rights

NO

Other (please specify): 

NO

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

UBS Global Asset Management - Traditional

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

UBS Global Asset Management (Hong Kong) Limited

UBS Global Asset Management (Japan) Limited

UBS Global Asset Management (UK) Limited

UBS Global Asset Management Life Limited

UBS Global Asset Management (Canada) Co.

UBS Global Asset Management (Americas) Inc

UBS Global Asset Management (Singapore) Limited

UBS Global Asset Management (France) SA

UBS Global Asset Management (Deutschland) GmbH

UBS Global Asset Management Trust Company

UBS AG

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

18 February 2009

6. Date on which issuer notified:

20 February 2009

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

5.34%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GG00B3FHW224

Non notifiable threshold

Non notifiable threshold

35,211,810

1,752,381

33,459,429

0.27%

5.07%

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

35,211,810

5.34%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

UBS Global Asset Management (Hong Kong) Limited - 150,046 (0.02%)

UBS Global Asset Management (Japan) Limited - 3,985,144 (0.60%)

UBS Global Asset Management (UK) Limited - 16,674,057 (2.53%)

UBS Global Asset Management Life Limited - 1,752,381 (0.27%)

UBS Global Asset Management (Canada) Co. - 2,671,041 (0.40%)

UBS Global Asset Management (Americas) Inc - 6,468,220 (0.98%)

UBS Global Asset Management (Singapore) Limited - 213,016 (0.03%)

UBS Global Asset Management (France) SA - 311,733 (0.05%)

UBS Global Asset Management (Deutschland) GmbH - 709,922 (0.11%)

UBS Global Asset Management Trust Company - 1,692,149 (0.29%)

UBS AG - 584,101 (0.09%)

Proxy Voting:

10. Name of 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:

Cintia Goertz / Sarah Cottle

15. Contact telephone name:

0207 568 4981