Japan Residential - Holding(s) in Company

RNS Number:6116S
Japan Residential Inv. Co. Ltd
17 April 2008

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1) Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

JAPAN RESIDENTIAL INVESTMENT COMPANY LIMITED

(2) Reason for the notification (please state Yes/No):

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: (NO)

An event changing the breakdown of voting rights: (NO)

Other (please specify): (NO)

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

CARROUSEL CAPITAL LTD INVESTMENT MANAGER

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

THE CARROUSEL FUND LTD

THE CARROUSEL FUND II LTD

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

16 April 2008

(6) Date on which issuer notified:

17 April 2008

(7) Threshold that is crossed or reached:

12%

(8) Notified details:

A: Voting rights attached to shares
+-------------+---------------------+-----------------------------------------------+
|Class/type of|Situation previous to| |
| |the | |
|shares |Triggering | Resulting situation after the triggering |
| |transaction | transaction |
| +----------+----------+----------+-------------------+----------------+
|if possible | |Number of | | | |
|using the |Number of |Voting |Number of |Number of Voting | |
|ISIN code |Shares |Rights |Shares |Rights |% of voting |
| | | | | |rights |
+----------+-------------------+----------------+
| | | |Direct |Direct |Indirect|Direct |Indirect|
+-------------+----------+----------+----------+----------+--------+-------+--------+
|ORDINARY |10,804,000|10,804,000|12,304,000|12,304,000| |12.30% | |
|SHARES | | | | | | | |
| | | | | | | | |
|GG00B1FB3X85 | | | | | | | |
+-------------+----------+----------+----------+----------+--------+-------+--------+

B: Financial instruments
+---------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------------+-------------+---------------+---------------+---------------+
|Type of Financial |Expiration |Exercise / |Number of |% of voting |
|Instrument |Date |Conversion |voting rights |Rights |
| | |Period / |that may be | |
+ | |Date |acquired is the| |
+ | | |instrument is | |
+ | | |exercised / | |
+ | | |converted | |
+-------------------+-------------+---------------+---------------+---------------+
| | | | | |
+-------------------+-------------+---------------+---------------+---------------+
| | | | | |
+-------------------+-------------+---------------+---------------+---------------+

Total (A+B)
+-----------------------------------+--------------------------------------------+
|Number of voting rights |% of voting rights |
+-----------------------------------+--------------------------------------------+
|12,304,000 |12.30% |
+-----------------------------------+--------------------------------------------+
| | |
+-----------------------------------+--------------------------------------------+

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

CARROUSEL CAPITAL LTD PRIME BROKERS HOLD THE SHARES IN NOMINEES ACCOUNTS. THE
PRIME BROKERS ARE CITIGROUP AND BARCLAYS CAPITAL

Proxy Voting:

(10) Name of the proxy holder:

(11) Number of voting rights proxy holder will cease/acquire to hold:

(12) Date on which proxy holder will cease/acquire to holding voting rights:

(13) Additional information:

(14) Contact name:

HAMISH JOHNSTON STEWART OR VALERIA DI PROFIO

(15) Contact number:

020 7529 5982 or 020 7758 8003

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

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