Holding(s) in Company

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

Yell Group plc

An acquisition or disposal of voting rights 

Yes

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:

INVESCO Limited

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

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

9 May 2008

6. Date on which issuer notified:

15 May 2008

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

17%

8. Notified details:

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights 

Number of shares

Number of voting rights

% of voting rights

Direct

Indirect

Direct

Indirect

Ordinary 1p

GB0031718066

127,977,094

127,977,094

133,930,136

133,930,136

17.14%

Resulting situation after the triggering transaction 

Type of financial instrument 

Expiration date

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

N/A

Number of voting rights

% of voting rights

133,930,136

17.14

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

Bank of Ireland (Dublin) - 989,065

Bank of New York - 283,511

Bank Paribas - 430,746

Bank of New York (Brussels) - 178,036

Citibank (Hong Kong) - 584,434

JP Morgan Chase - 1,740,929

Citibank - 109,042,277

Deutsche Bank UK - 15,666

HSBC Nominees - 2,513,997

Japan Trustee Services Bank - 5,342

Mellon Bank, Pittsburgh - 941,549

Morgan Stanley (London) - 87,455

Santander Central Hispano Investment - 6,542

State Street Trust & Banking Co (London) - 15,769,302

Trust & Custody Services - 21,087

Northern Trust Company (London) - 1,293,866

Other - 27,351

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:

Elaine Coleman

15. Contact telephone number:

 01491 417 394

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

Full name (including legal form for legal entities)

INVESCO Limited

Contact address (registered office for legal entities)

Phone number 

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

B:  Identity of the notifier, if applicable

Full name 

Alison Stanesby

Assistant Company Secretary

Contact address 

Yell Group plc, Queens Walk, Oxford Road, Reading, Berkshire, RG1 7PT

Phone number 

+44 (0) 118 960 3437

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