HIBU.L Regulatory News (HIBU)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Yell Group Plc

GB0031718066

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

An acquisition or disposal of voting rights

X

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 thenotification obligation: iii

Norges Bank

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

N/A

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

26th January 2011

6. Date on which issuer notified:

27th January 2011

7. Threshold(s) that is/are crossed orreached: vi, vii

3%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB0031718066

59,925,481

59,925,481

79,207,885

79,207,885

3.35%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

79,207,885

3.35%

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

N/A

Proxy Voting:

10. Name of the proxy holder:

Norges Bank

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

None

14. Contact name:

Jonas Lexmark

15. Contact telephone number:

+47 2407 3134

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

Full name (including legal form for legal entities)

Norges Bank Investment Management

Contact address (registered office for legal entities)

Bankplassen 2P.O. Box 1179 SentrumNO-0107 Oslo, Norway

Phone number

+47 2407 3134

Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Yell Group plc

Contact address

One Reading CentralForbury RoadReadingBerkshire RG1 3YL

Phone number

+44 (0) 118 358 2501, alison.painter@yellgroup.com

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

N/A

C: Additional information

N/A