Chesnara Regulatory News (CSN)

6 Dec 2010 15:19

For filings with the FSA include the

annex

For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying Chesnara plc issuer of existing shares to which voting rights are attached: ii 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 No 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 No to qualifying financial instruments An event changing the breakdown of voting rights

No Other (please No specify):

3. Full name of person(s) subject to Ameriprise Financial, Inc. and its group. the notification obligation: iii

4. Full name of shareholder(s) (if See additional information

under 13 different from 3.):iv 5. Date of the transaction and date 26 November 2010 on which the threshold is crossed or

reached: v 6. Date on which issuer notified: 1 December 2010 7. Threshold(s) that is/are crossed Below the threshold of 11% or reached: vi, vii 8. Notified details:A: Voting rights attached to shares viii, ixClass/type of Situation previous Resulting situation after shares to the triggering the triggering transaction transaction if possible Number Number Number Number of % of voting using of of of voting rights x the ISIN CODE Shares Voting shares rights Rights Direct Direct Indirect Direct Indirect xi xii

GB00B00FPT80 11,210,987 11,210,987 0 0 12,581,627 0.000% 10.936%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction

Type of financial Expiration Exercise/ Number of voting % of voting instrument date xiii Conversion Period rights that may be rights xiv acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction Type of financ Exercise Expiration Exercise/ Number of voting % of voting ial price date xvii Conversion rights instrument rights xix, xx instrument period refers to xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 12,581,627 10.936%

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

Ameriprise Financial, Inc. which through intermediate holding companies

controls the voting rights of Columbia Management Investment Advisers, Columbia Wanger Asset Management, Threadneedle Management Luxembourg S.A. and

Threadneedle Asset Management Holdings Ltd, which itself controls the voting rights of Threadneedle Asset Management Ltd, Threadneedle International Ltd

andThreadneedle Pensions Ltd. Proxy Voting: 10. Name of the proxy holder: N/A

11. Number of voting rights proxy N/A

holder will cease to hold:

12. Date on which proxy holder will N/A cease to hold voting rights: 13. Additional information: Registered Owner

State Street Nominees Limited A/c XC7N 1,365,654 Williams & Glyns (Isle of Man) Nominees Ltd A/c 301780 212,021 Littledown Nominees Ltd A/c 03449 1,954,042 Littledown Nominees Ltd A/c 10479 3,928 Littledown Nominees Ltd A/c 18667 750,000 Littledown Nominees Ltd A/c 10496 3,911,143 Littledown Nominees Ltd A/c 10495 4,384,839 14. Contact name: Stacey Dryburgh, Threadneedle Group 15. Contact telephone number: +44 (0)

1793 363 751