Naya Bharat Property - Holding(s) in Company

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Tue Jan 22, 2008 12:40pm EST

RNS Number:3289M
Naya Bharat Property Company PLC
22 January 2008


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:

NAYA BHARAT PROPERTY CO PLC

2. Reason for the notification
(please place an X inside the appropriate bracket/s):

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 (please specify) : INITIAL DISCLOSURE ( )
.................

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

RATHBONE BROTHERS PLC

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

RATHBONE BROTHERS PLC
Rathbone Investment Management Ltd

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

18 JANUARY 2008

6. Date on which issuer notified:

21 JANUARY 2008

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

5%

8. Notified Details: N/A

A: Voting rights attached to shares

Class/type of shares if possible use    Situation previous to the triggering
ISIN CODE                               transaction
                                        Number of        Number of voting
                                        shares           rights

Ord USD 0.01                            3,102,550        3,102,550
IM00B1N95Z00

                             Resulting situation after the triggering
                             transaction
Class/type of shares if      Number of  Number of voting     % of voting
possible use ISIN CODE       shares     rights               rights
                                        Direct   Indirect    Direct   Indirect

Ord USD 0.01                 N/A        N/A      2,931,550   N/A          4.89%
IM00B1N95Z00



B: Financial Instruments
Resulting situation after the triggering transaction

Type of      Expiration Exercise/     No. of voting rights that may be  % of
financial    date       conversion    acquired (if the instrument       voting
instrument              period/date   exercised/ converted)             rights

N/A          N/A        N/A           N/A                               N/A




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

2,931,550                                     4.89%



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

RATHBONE BROTHERS PLC*

Rathbone Investment Management Limited 4.89%

* Rathbone Brothers Plc is the holding company of the following.

Proxy Voting:

10. Name of 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:
N/A

14. Contact name:
COMPLIANCE DEPARTMENT

15. Contact telephone number:
020 7399 0000




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

END
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