Mears Group PLC - Holding(s) in Company

RNS Number:7828L
Mears Group PLC
15 January 2008

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

MEARS GROUP PLC

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 (specify): ( )

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

HBOS plc

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

See section 9

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

10 January 2008

6. Date on which issuer notified:

11 January 2008 (received by issuer on 14 January 2008)

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

Direct/Indirect interest decrease to below 6%

8. Notified details:

A. Voting rights attached to shares

Class/type of shares (if possible using the Ordinary (GB000563420)
ISIN code)

Situation previous to Resulting situation after the triggering transaction
the triggering
transaction
Number of Number of Number of Number of voting % of voting rights
Shares Voting shares rights
Rights
Direct Direct Indirect Direct Indirect

4,628,710 4,628,710 2,361,621 2,361,621 2,019,050 3.224% 2.757%

B. Financial Instruments

Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion Period/ rights that may rights
instrument Date be acquired if
the instrument is
exercised/
converted
n/a

Total (A+B)
Number of voting rights % of voting rights

4,380,671 5.981%

9. Chain of controlled undertakings through which the voting rights and/
or the financial instruments are effectively held, if applicable:
Insight Investment Management (Global) Limited* ("IIMGL") -
(Indirect) - 4,086,184 (5.579%)

IIMGL manages holdings on behalf of other HBOS Group companies, and
other third parties external to the HBOS Group, under various
discretionary management agreements

(* - wholly owned subsidiaries of HBOS plc)

Proxy Voting:

10. Name of the proxy holder: n/a

11. Number of voting rights proxy n/a
holder will cease to hold:

12. Date on which proxy holder n/a
will cease to hold voting
rights:

13. Additional information: Notification using the total voting
rights figure of 73,244,078

14: Contact name: Kenny Melville

15. Contact telephone number: 0131 243 8671

This information is provided by RNS
The company news service from the London Stock Exchange

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