ASH.L Regulatory News (ASH)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Ashley House

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

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

An event changing the breakdown of voting rights

Other (please specify):

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

 Aviva plc & its subsidiaries

4. Full name of shareholder(s)

(if different from 3.): iv

 Registered Holder:

CUIM Nominess Limited 924,940*

* denotes direct interest

BNP Paribas - London 703,023

Chase Nominees Limited 2,234,698

State Street Nominees Ltd. 1,716,824

5. Date of the transaction and date on which the threshold is crossed or reached: v

 07 July 2010

6. Date on which issuer notified:

08 July 2010

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

viii, ix

8. Notified details:

A: Voting rights attached to shares vii, ix

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

Direct

Indirect

Direct

Indirect

 Ordinary Shares

 2,754,630

 2,754,630

 5,579,485

 924,940

 4,654,545

 1.66%

 8.36%

 GB00B1KKCZ55

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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

% of voting rights

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

Resulting situation after the triggering transaction

xv, xvi

Type of financial instrument

Exercise price

Expiration date xviii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 5,579,485

 10.02%

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

The Voting rights are managed and controlled by Aviva Investors Global Services Limited, with the following chain of controlled undertakings: -

Aviva Investors Global Services Limited:

·; Aviva plc (Parent Company)

·; Aviva Group Holdings Limited (Wholly owned subsidiary of Aviva plc)

·; Aviva Investors Holdings Limited (Wholly owned subsidiary of Aviva Group Holdings

Limited)

·; Aviva Investors Global Services Limited (Wholly owned subsidiary of Aviva Investors Holdings Limited)

Proxy Voting:

10. Name of the proxy holder:

 See Section 4

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:

Figures are based on a total number of voting rights of 55,689,755

14. Contact name:

Neil Whittaker

15. Contact telephone number:

01603 684420