Holding(s) in Company

TR-1

Notification of a Major Interest in Shares

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

LATCHWAYS PLC

2. Reason for Notification

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments which may result in the aquisition 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

AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies

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

5.Date of the transaction and date in which threshold is crossed or breached

24/07/2008

6.Date on which issuer notified

25/07/2008

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

10 %. 

8. Notified details:

A: Voting rights attached to shares

Class or Type of shares

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

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

1,150,049

1,150,049

23,681

23,681

1,086,368

0.21

9.76

0157296

B: Financial Instruments

Resulting situation after triggering transaction

Type of Financial Instrument

Expiration date

Exercise / conversion period / date

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

1,110,049

9.97%

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

Rex Orton

15. Contact telephone number

01380 732700