Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

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:

Avon Rubber PLC(the "Company")

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

No

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

No

An event changing the breakdown of voting rights

No

Other (please specify): Acquisition of Saxon Financial Inc.

Yes

3. Full name of person(s) subject to notification obligation:

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

Howson Tatersall Investment Counsel Limited (2,764,489 voting rights)

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

October 27,2008

6. Date on which issuer notified:

December 16, 2008

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

9% (see box 9)

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

GB0000667013

0 (see box 9)

2,764,489

2,764,489

(see box 9)

9.49%

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

2,764,489

9.49%

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

9.49% of the voting rights are held by Howson Tatersall Investment Counsel Limited, as investment manager which has a disclosable Interest as a result of DTR5.2.1 R(h). Saxon Financial Inc. is a 100% shareholder of Howson Tatersall Investment Counsel Limited and has an Indirect holding of 9.49% as a result of DTR 5.2.1 R(e). Mackenzie Financial Corporation is a 100% shareholder of Saxon Financial Inc. andhas an indirect holding of 9.49% as a result of DTR 5.2.1 R(e).

Proxy Voting:

10. Name of 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:

14 Contact name:

15. Contact telephone number: