Persimmon Regulatory News (PSN)

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

Persimmon Plc

GB0006825383

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 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 the notification obligation:

Allianz SE

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

Allianz Global Investors AG

Allianz Insurance plc

Kleinwort Benson Private Bank Ltd.

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

28th August 2008

6. Date on which issuer notified:

29th August 2008 

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

6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

No. of  Shares 

Number of Voting Rights viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

GB0006825383

18,033,000

18,098,600

18,098,600

50,844

18,047,756

0.0169

6.0144

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

18,098,600

6.031%

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

Allianz Global Investors AG is a wholly-owned subsidiary of Allianz SE.

Allianz Insurance plc is a subsidiary of Allianz SE. Allianz SE is the ultimate holding company of Allianz Holdings plc which is a holding company of Allianz Insurance Plc. The shares in Allianz Holdings Plc are held by Allianz UK Limited, which is a 66.7% owned subsidiary of Allianz Europe Limited ("Allianz Europe"). The other 33.3% of shares in Allianz UK Limited are owned by Allianz Liebensversicherungs GmbH, which is itself an indirect subsidiary of Allianz SE. Allianz Europe is an 85% owned subsidiary of AZ-Argos 10 Vermogensverwaltungsgesellschaft GmbH which in its turn is a wholly owned subsidiary of Allianz SE. Allianz SE is also the owner of the other 15% of Allianz Europe.

Dresdner Bank AG is the holding company of Kleinwort Benson Private Bank Ltd. Dresdner Bank AG is a subsidiary of Allianz Finanzbeteiligungs GmBH which is a direct subsidiary of Allianz SE. 

Proxy Voting:

10. Name of the proxy holder:

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:

This disclosure is because of an increase in the indirect holdings of AGI on 28th August to 6.01%. The Allianz SE group position remains within 6-7% threshold.

14. Contact name:

Dresdner Kleinwort Media Relations Team

15. Contact telephone number:

020 7623 8000 

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

Full name (including legal form for legal entities)

Allianz SE

Contact address (registered office for legal entities)

Koniginastrasse 28

80802 Munich 

Germany

Phone number 

+49 89 38 00 00

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

B:  Identity of the notifier, if applicable xvii

Full name 

Dresdner Kleinwort Group Limited

Contact address 

30 Gresham Street

London EC2V 7PG

Phone number 

020 7623 8000

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

subsidiary

 C: Additional information