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Holding(s) in Company

2nd May 2008 13:50

Modern Water PLC02 May 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Modern Water Plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (Yes) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( 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 (iii): Lehman Brothers International (Europe) 4. Full name of shareholder(s) (if different from 3.) (iv): N/A 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): 30 April 2008 6. Date on which issuer notified: 1 May 2008 7. Threshold(s) that is/are crossed or reached: 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to theusing the ISIN CODE Triggering transaction (vi) Number of Number of voting shares Rights (viii) GB00B1XF5X66 5,615,031 5,615,031 Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rightsif possible using (ix)the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect GB00B1XF5X66 Below 3% Below 3% N/A Below 3% N/A B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of votingfinancial (xiii) Period/ Date (xiv) rights that may be rightsinstrument acquired if the instrument is exercised/ converted. N/A Total (A+B)Number of voting % of votingrights rights Below 3% Below 3% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): N/A Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: N/A 14. Contact name: Angela Leach, Company Secretary 15. Contact telephone number: 0845 074 2929 This information is provided by RNS The company news service from the London Stock Exchange

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