MJGleeson Regulatory News (GLE)

TR-1: Notifications of Major Interests in Shares

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

M J Gleeson Group Plc

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 notification obligation:

Inland plc

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

n/a

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

17 April 2009

6. Date on which issuer notified:

21 April 2009

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

Below 3%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GB00B01BNK27

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

1,574,423

Number of voting rights

1,574,423

Number of shares

1,501,423

Number of voting rights

Percentage of voting rights

Direct

1,501,423

Indirect

n/a

Direct

2.86%

Indirect

n/a

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

n/a

n/a

n/a

n/a

n/a

Total (A+B)

Number of voting rights

Percentage of voting rights

1,501,423

2.86%

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

n/a

Proxy Voting:

10. Name of proxy holder:

n/a

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:

n/a

14 Contact name:

Nish Malde

15. Contact telephone name:

01494 762450