Notifiable Interest

4 Oct 2007 12:27

Gleeson(M J)Group PLC04 October 2007 M J Gleeson Group Plc ("the Company") Notifiable Interest Notification of major interests in shares - the following information has beenreceived by the Company. 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: M J Gleeson Group Plc 2. Reason for the notification An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation: North Atlantic Value LLP (as investment advisor/manager) 4. Full name of shareholder(s) (if different from 3): North Atlantic Smaller Companies Investment Trust PLCNorth Atlantic Value LLP (as Investment manager/adviser to other fund managementclients) 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 1 & 2 & 3 October 2007 6. Date on which issuer notified: 3 October 2007 7. Threshold(s) that is/are crossed or reached: Total holding increased above 14% on 3 October 2007 but includes holding 1.which increased through 5% on 1 October 2007. 8. Notified details: Nominee HoldingsClass/type of Situation previous to Resulting situation after the triggering transactionshares Triggering transaction if possible Number of Number of Number of Number of voting % of voting rightsusing ISIN CODE Shares Voting shares rights Rights Direct Direct Indirect Direct Indirect Ordinary shares B01BNK2 Holder 1 2,500,000 2,500,000 2,651,693 2,651,693 5.11%Holder 2 4,431,342 4,431,342 4,681,879 4,681,879 9.01% (Under Total = S.198 on 14 14.12% /11/06) B: Financial InstrumentsResulting situation after the triggering transaction Type of Expiration date Exercise/ Number of voting % of voting rightsfinancial Conversion Period/ rights that may beinstrument Date acquired if the instrument is exercised/ converted N/A N/A N/A N/A N/A Total (A+B)Number of voting rights % of voting rights 7,333,572 shares 14.12% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: N/A 10. Name of the Proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: Notification using the total voting rights figure of 51,939,113 shares North Atlantic Value LLP is the investment manager/advisor in respect of thefull 14.12% holding as it is investment manager/adviser to holder 1 as well asthe other clients included in holder 2. 14. Contact name: Jenny Hogg 15. Contact telephone number: 020 7747 5681 Enquiries: M J Gleeson Group plc Edwin Lawrie Company Secretary Tel: 01252 360300 This information is provided by RNS The company news service from the London Stock Exchange