31st Jan 2007 11:44
Songbird Estates PLC31 January 2007 Songbird Estates plc ('the Company') Ordinary Class B Shares of 10 pence each ('Class B Shares') ISIN code GB00B00V4F53 NOTIFICATION OF MAJOR INTEREST IN SHARES The following notification is made by the Company, which was notified afterclose of business on 30 January 2007 by Messrs Weil, Gotshal & Manges on behalfof: (a) British Land (Joint Ventures) Limited, GF Investments II, LLC, DanielSklarin, as trustee of the Louis & Simon Glick New Jersey 1987 Trust, DanielSklarin, as trustee of the Louis Glick and Seymour Pluchenik New Jersey 1986Trust and Chichester Offshore Limited (together the "Notifying Shareholders");and (b) The British Land Company PLC, BL Intermediate Holding Co Ltd, BLResidual Holding Co Ltd and Mr. Simon Glick, as follows: Each of the Notifying Shareholders is a party to a shareholders agreement dated16 April 2004 (as amended) (the "Shareholders Agreement"). All of the partiesto the Shareholders Agreement (other than the Company) are listed in the tablebelow (the "Shareholders"). This disclosure is made pursuant to Rule 5.1.2 and to transitional provision 7of the Disclosure and Transparency Rules. Holding of voting rights 1. As of 26 January 2007, the Shareholders together held voting rightsof the Company amounting to 95.63% of the Company's total voting rights asmeasured as a percentage of all voting rights attaching to all classes of sharesin the Company, taking into account the 14,478,260 Class B Shares issued toBritish Land (Joint Ventures) Limited on 26 January 2007 (the "New Shares"). 2. As of 26 January 2007, the Shareholders together held 16.43% of thetotal voting rights attaching to the Company's issued Class B Shares, againtaking into account the issue of the New Shares. 3. Each Notifying Shareholder is the direct shareholder of the votingrights set out opposite its name in the table below and (by virtue of being aparty to the Shareholders Agreement) an indirect shareholder of each of thevoting rights set out in the table opposite each other Shareholder's name. 4. Mr. Simon Glick is an indirect holder of all the voting rights heldby the Shareholders set out in the table by virtue of the fact that he controlsGF Investments II, L.L.C. and Chichester Offshore Limited. 5. Each of The British Land Company PLC, BL Intermediate Holding Co Ltdand BL Residual Holding Co Ltd is an indirect holder of all the voting rightsheld by the Shareholders set out in the table by virtue of the fact that TheBritish Land Company PLC controls BL Intermediate Holding Co Ltd, which controlsBL Residual Holding Co Ltd, which controls British Land (Joint Ventures)Limited. The information given in this notification is given so far as the NotifyingShareholders are aware. Shareholder Voting rights attaching to Aggregate voting rights attaching to Class B Shares all classes of share (including Class B Shares) Morgan Stanley Real Estate Fund IV 1,788,305* 86,419,609International - T L.P.Morgan Stanley Real Estate Fund IV 1,086,526* 52,379,510Special International, L.P.Morgan Stanley Real Estate Investors 191,366* 9,017,038IV International, L.P.MSREF IV TE Holding, L.P. 2,392,826* 115,353,826Morgan Stanley European Real Estate 698,786* 34,152,978Special Situations Fund II - LPMorgan Stanley European Real Estate 275,722* 13,475,826Special Situations II Investors, L.P.Morgan Stanley European Real Estate 315,828* 15,436,004Special Situations Fund II - T LPMSDW Real Estate Special Situations 1,270,535* 62,096,951II - A.B.V.MSDW Real Estate Special Situations 570,757* 30,984,229II - B.B.V.MSDW Real Estate Special Situations 635,273* 27,960,081II - C.B.V.Princes Gate Investors III, L.P. 1,625,449* 60,415,161Originators Investment Plan, L.P. 12,386* 523,346MSQ Co-Investment Partnership IV, 0 727,531,088L.P.Hasso Plattner 141,193* 5,253,321BPEF 2 Princes G III Partners, L.P. 338,863* 12,607,967Whitehall Street Global Real Estate 0 55,171,376Limited Partnership 2001Whitehall Parallel Global Real Estate 0 20,528,944Limited Partnership 2001Whitehall Street International Real 0 26,233,816Estate Limited Partnership 2001, L.P.Whitehall Street International 0 1,431,984Employee Fund 2001 (Delaware), L.P.Whitehall Street Global Employee Fund 0 7,297,0722001, L.P.British Land (Joint Ventures) Limited 20,364,323 754,236,011GF Investments II, LLC 0 795,200,904Daniel Sklarin, as trustee of the 0 345,620,800Louis & Simon Glick New Jersey 1987TrustDaniel Sklarin, as trustee of the 0 267,397,232Louis Glick and Seymour Pluchenik NewJersey 1986 TrustChichester Offshore Limited 0 5,816,328Total 20,364,323 3,532,541,402 All the above holdings are registered in the names of the shareholders set outabove, save for those marked * which are registered in the name of MorstanNominees Limited. Dated: 31 January 2007 Contact for queries: Caroline Higgins (tel: 020 7537 5396) Company official making announcement:Caroline Higgins, Acting Assistant Company Secretary, Songbird Estates plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land