Notifiable Interest

23rd Mar 2007 17:09

Stanelco PLC23 March 2007 Stanelco PLC ("the Company") Notifiable Interest A form TR-1 containing the following information has been received by theCompany. TR-1 notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Stanelco PLC 2. Reason for the notification Revised due to DTR rules - see Section 13 3. Full name of person(s) subject to the notification obligation: Fidelity International Limited (FIL) 4. Full name of shareholder(s) (if different from 3): JP Morgan, Bournemouth - 552,056 Brown Bothers Harriman & Co - 9,363,820 Brown Brothers Harriman Ltd LUX - 197,955,209 5. Date of the transaction (and date on which the threshold is crossed orreached if different): Revised due to DTR rules 6. Date on which issuer notified: 23 March 2007 7. Threshold(s) that is/are crossed or reached: N/A 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares Triggering transaction Notification required under DTR transitional provision 7if possible usingISIN CODE Number of Number of Number of Number of voting rights % of voting rights Shares Voting Rights shares Direct Direct Indirect Direct Indirect GB0005814198 207,871,085 207,871,085 N/A N/A 207,871,085 N/A 6.98% B: Financial InstrumentsResulting situation after the triggering transaction Type of financial Expiration date Exercise/ Number of voting % of voting rightsinstrument Conversion Period/ rights that may be Date acquired if the instrument is exercised/ converted N/A N/A N/A N/A N/A Total (A+B)Number of voting rights % of voting rights 207,871,085 6.98% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: JP Morgan, Bournemouth - 552,056 Brown Bothers Harriman & Co - 9,363,820 Brown Brothers Harriman Ltd LUX - 197,955,209 10. Name of the Proxy holder: Fidelity International Limited (FIL) 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: As discussed with the FSA, prior to the implementation of the EU TransparencyDirective, we aggregated the interests in shares of FMR Corp (FMR) and FidelityInternational Limited (FIL) together for the purposes of shareholder reporting.According to the new DTR rules, we are now reporting the indirect holdings ofFMR and FIL separately. For this issuer FMR Corp currently has no holdings.Please note these holdings are correct as of close of business 21 March 2007. 14. Contact name: Sophie Hughes 15. Contact: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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