Notification of major interests in shares

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

REDROW PLC

2. Reason for the notification  (please tick the appropriate box or boxes)

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:

Tosca Asset Management LLP

Tosca

Tosca Long

Tosca Small Cap

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

Tosca

Tosca Long

Tosca Small Cap

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

26/02/2009

6. Date on which issuer notified:

02/03/2009

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

21%

8. Notified details:

A: Voting rights attached to shares

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

GB0007282386

ORD 10p

43,203,240

43,203,240

32,803,240

0

32,803,240

20.5%

B: Financial Instruments

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

Total (A+B)

Number of voting rights

% of voting rights

32,803,240

20.5%

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:

Graham A Cope : Group Company Secretary

15. Contact telephone number:

01244 520044

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

Full name (including legal form for legal entities)

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 

Nikki Wood 

Contact address 

Phone number 

0207 845 6100

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

C: Additional information