Nichols plc Regulatory News (NICL)

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:

Nichols plc - ISIN: GB0006389398

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:

UBS Global Asset Management - Traditional Entities

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

UBS Global Asset Management Life Limited

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

19 June 2008

6. Date on which issuer notified:

22 May 2009

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

Below notifiable threshold

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB0006389398

1,411,408

1,411,408

Below notifiable threshold

Below notifiable threshold

Below notifiable threshold

Below notifiable threshold

Below notifiable threshold

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

Total (A+B)

Number of voting rights

Percentage of voting rights

Below notifiable threshold

Below notifiable threshold

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

Proxy Voting:

10. Name of proxy holder:

UBS Global Asset Management on behalf of a number of asset management clients

11. Number of voting rights proxy holder will cease to hold:

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

13. Additional information:

14 Contact name:

Esteban Frank/Sarah Cottle

15. Contact telephone number:

020 7 568 4981