Holding(s) in Company

25th Apr 2008 16:37

Development Securities PLC25 April 2008 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: DEVELOPMENT SECURITY 2. Reason for the notification (please state Yes/No): ( ) 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: ( ) Other (please specify) : ( ) 3. Full name of person(s) subject to the notification obligation: AXA S.A. PARIS AND ITS GROUP OF COMPANIES 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on which the threshold is crossed or reachedif different): 24/04/2008 6. Date on which issuer notified: 25/04/2008 7. Threshold(s) that is/are crossed or reached: 5% 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 Number of shares Number of voting Rights 0266846 2,361,068 2,361,068 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect 283,210 283,210 1,687,739 0.70 4.16 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 1,970,949 4.86% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Name of the Company / Fund Number of Shares % of issued share capitalAXA Rosenberg 114,528 0.28225 Direct AXA UK Investment Co ICVC 68,520 0.16886UK Smaller Companies Fund Indirect AXA-Rosenberg 85,717 0.21125 Direct AXA France 79,368 0.19560 Indirect AXA Rosenberg 1,537,351 3.78872 Indirect Sun Life Unit Assurance Ltd 5,488 0.01352FTSE All Share Tracker Direct Sun Life Pensions Management 33,159 0.08172FTSE All Share Tracker Direct Framlington onshore private clients 2,500 0.00616 Indirect Axa Sun Life With Profits Passive 27,324 0.06734 Direct Axa Sun Life With Profits Passive 16,994 0.04188 Direct Total Direct 233,210 0.69796 Total indirect 1,687,739 4.15935 TOTAL 1,970,949 4.85730 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: 14. Contact name: Terry Marsh 15. Contact telephone number: 020 7003 2637 This information is provided by RNS The company news service from the London Stock Exchange

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