Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached[ii]:

Stobart Group Limited ORD 10p 

2. Reason for the notification  (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights

a

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) Increase in issued share capital

3. Full name of person(s) subject to the notification obligation[iii]:

Cenkos Channel Islands Nominee Company Limited

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

The Stobart Group Limited EBT

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

12 March 2010

6. Date on which issuer notified:

15 March 2010

7. Threshold(s) that is/are crossed or reached [vi] [vii]:

3%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction[viii]

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct xi

Indirect xii

Direct

Indirect

GB00B03HDJ73

8,029,836

8,029,836

7,457,886

7,457,886

2.97%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period/ Date xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xvii

Exercise/ Conversion Period/ Date xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Total (A+B+C)

Number of voting rights

% of voting rights

7,457,886

2.97%

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

Proxy Voting:

10. Name of the 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:

Broker & Nominee

14. Contact name:

Sandra Lawrence

15. Contact telephone number:

01481 732767

[email protected]