Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Yell Group PLC

2: Reason for notification (yes/no)

An acquisition or disposal of voting rights

yes

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

no

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

no

An event changing the breakdown of voting rights

no

Other (please specify):

no

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

obligation:

 Standard Life Investments Ltd

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

 Vidacos Nominees

5. Date of the transaction (and date on which the threshold  

is crossed or reached):

20 January 2010

6. Date on which issuer notified:

21 January 2010

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

11%

8: Notified Details

Voting rights attached to shares

Class/type of share If possible use ISIN code

GB0031718066

Situation previous to the triggering transaction

Number of shares

Number of voting rights

249,181,653

249,181,653

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

259,710,239

109,644,392

150,065,847

4.650%

6.365%

Qualifying 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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise  price

Expiration  date

Exercise/ Conversion  period

Number of voting  rights instrument  refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 259,710,239

11.015%

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 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:

[email protected] Standard Life Investments Ltd

15. Contact telephone number:

(0131) 245 6565

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

Standard Life Investments Ltd

Contact address (registered office for legal entities)

Phone number 

Tel No: +44(0) 131 245 6565

[email protected] 

Other useful information (at least legal representative for legal persons)

B:  Identity of the notifier, if applicable

Full name 

Yell Group plc

Contact address 

Queens Walk, Oxford Road, Reading, Berkshire, RG1 7PT

Phone number 

+44 (0) 118 950 6501

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

N/A

C: Additional information

N/A