MWG.L Regulatory News (MWG)

9 May 2008 12:12

Modern Water PLC09 May 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Modern Water Plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (YES) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( no ) An event changing the breakdown of voting rights: ( no ) Other (please specify) : (no) 3. Full name of person(s) subject to the notification obligation (iii): UBS Investment Bank 4. Full name of shareholder(s) (if different from 3.) (iv): UBS AG 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): 6th May 2008 6. Date on which issuer notified: 8th May 2008 7. Threshold(s) that is/are crossed or reached: 5.04% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to theusing the ISIN CODE Triggering transaction (vi) Number of Number of voting shares Rights (viii) GB00B1XF5X66 - - Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rightsif possible using (ix)the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect GB00B1XF5X66 2,972,101 2,972,101 - 5.04% N/A B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of votingfinancial (xiii) Period/ Date (xiv) rights that may be rightsinstrument acquired if the instrument is exercised/ converted. N/A Total (A+B)Number of voting % of votingrights rights 2,972,101 5.04% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): N/A Proxy Voting: 10. Name of the 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: 14. Contact name: Angela Leach, Company Secretary 15. Contact telephone number: 0845 074 2929 This information is provided by RNS The company news service from the London Stock Exchange