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Holding(s) in Company

14 Apr 2008 11:58

Phytopharm PLC14 April 2008 TR-1: notification of major interests in shares 1. Identity of the issuer or the Phytopharm plcunderlying issuer of existing shares to which voting rights are attached: 2. Reason for the notification (please tick the appropriate box orboxes) 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): Placing 3. Full name of person(s) subject to the RAB Capital plcnotification obligation: 4. Full name of shareholder(s) (if Credit Suisse Client Nominees (UK) Limiteddifferent from 3.): 5. Date of the transaction (and date on 29/02/08which the threshold is crossed or reached if different) 6. Date on which issuer notified: 11/04/08 7. Threshold(s) that is/arecrossed or reached: 3% 8. Notified details: A: Voting rights attached to sharesClass/type Situation previous to the Resulting situation after the triggeringof shares Triggering transaction transactionif possibleusing the Number of Number of Voting Number Number of voting % of votingISIN CODE Shares Rights of rights rights shares Direct Direct Indirect xi Direct Indirect xOrdinary 1Pence Nil Nil Nil Nil 3,400,326 Nil 3.60%GB000686972 B: Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights Total (A+B)Number of voting rights % of voting rights3,400,326 3.60% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:RAB Capital plc ("PLC") acts as investment manager for RAB Special Situations(Master) Fund Limited ("SS") and RAB Innovations (Master) Fund Limited("Innovations") and makes filings on behalf of these entities under DTR 5.2.1.PLC does not act as custodian for its clients and therefore the shares are heldin the nominee name of the custodian of its clients, which is Credit SuisseClient Nominees (UK) Limited for SS and Goldman Sachs Securities (Nominees)Limited for Innovations. 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: Notification using the total voting rights figure of 94,544,038 14. Contact name: Zoe McGowan, Company Secretary 15. Contact telephone number: 01480 437697 This information is provided by RNS The company news service from the London Stock Exchange

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