Chesnara Regulatory News (CSN)

26 Mar 2008 13:59

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying Chesnara Plc issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) 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 Legal & General Group Plc

notification obligation: (Group) Legal & General Investment Management Limited (LGIM) 4. Full name of shareholder(s) (if different Legal & General Assurance from 3.): (Pensions Management) Limited (PMC) Legal & General Group Plc (L&G)

5. Date of the transaction (and date on which 20 March 2008 the threshold is crossed or reached if different): 6. Date on which issuer notified: 25 March 2008 7. Threshold(s) that is/are crossed or reached: Below 5% (Group)

Below 5% (LGIM) 8. Notified details:

A: Voting rights attached to shares

Class/ Situation previous Resulting situation after the triggering type of to the Triggering transaction

shares transaction if possible using the ISIN CODE Number of Number of Number of Number of voting % of voting rights Shares Voting shares rights Rights Direct Indirect Direct Indirect ORD 5,239,397 5,239,397 Below 5% GBP0.05 B: Financial Instruments Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting % of voting financial date Conversion Period/ rights that may be rights instrument Date acquired if the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights Below 5%

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

Legal & General Group Plc (Direct and Indirect) (Group) (Below 5% = Total Position)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (Below 5% = Total Position)

Legal & General Investment Management Limited (Indirect) (LGIM) (Below 5% = Total Position)

Legal & General Group Plc (Direct) (L&G) (4,934,441 -4.71 % = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (4,317,359 - 4.12 % = PMC)

Legal & General Insurance Holdings Limited (Direct) (LGIH)

Legal & General Assurance (Pensions Management) Limited (PMC) (4,317,359 - 4.12 % = PMC)

Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will N/A cease to hold: 12. Date on which proxy holder will cease to hold N/A

voting rights: 13. Additional information: Notification using the total voting rights figure of 104,588,785 14. Contact name: Helen Lewis (LGIM) 15. Contact telephone number: 020 3124 3851