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:

DAVIS SERVICE GROUP PLC

2. Reason for notification (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 notification obligation:

SILCHESTER INTERNATIONAL INVESTORS

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

SILCHESTER INTERNATIONAL INVESTORS INTERNATIONAL VALUE EQUITY TRUST

SILCHESTER INTERNATIONAL INVESTORS INTERNATIONAL VALUE EQUITY TAXABLE TRUST

SILCHESTER INTERNATIONAL INVESTORS INTERNATIONAL VALUE EQUITY GROUP TRUST

SILCHESTER INTERNATIONAL INVESTORS TOBACCO FREE INTERNATIONAL VALUE EQUITY TRUST

THE CALLEVA TRUST

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

24TH SEPTEMBER 2008

6. Date on which issuer notified:

25TH SEPTEMBER 2008

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

17%

8: Notified Details N/A

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

Direct

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB00B0F99717

27,477,786

27,477,786

29,077,786

29,077,786

17.07%

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

29,077,786

17.07%

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

Proxy Voting:

10. Name of proxy holder:

SILCHESTER INTERNATIONAL INVESTORS LIMITED

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:

SILCHESTER INTERNATIONAL INVESTORS LTD ("SILCHESTER") ACTS AS INVESTMENT MANAGER FOR THE CLIENT DETAILED IN QUESTION 4 (OUR "CLIENT") IN ACTING FOR OUR CLIENTS, SILCHESTER ARE GIVEN FULL DISCRETION OVER THEIR INVESTMENTS AND ARE EMPOWERED TO VOTE ON THEIR BEHALF. HOWEVER, WE DO NOT ACT AS OUR CLIENTS CUSTODIANS AND THEREFORE SHARES ARE NOT HELD IN OUR NAME BUT IN THE NAME OF EACH CLIENT'S CUSTODIAN BANK.

14 Contact name:

HENRY HEATHFIELD, EQUITY DEALER

15. Contact telephone number:

0207 5187147