Holding(s) in Company

Holding(s) in Company

C&C Group PLC

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

C&C Group plc

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 (iii):

Massachusetts Mutual Life Insurance Company ("MassMutual") on behalf of OppenheimerFunds, Inc. ("OFI") and Baring Asset Management Limited ("BAM")

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

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

26 May 2010

6. Date on which issuer notified:

28 May 2010

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

4 %

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Â	Situation previous to the Triggering transaction (vi)
Â		Number of shares	Â	Number of voting Rights (viii)
OFI Ordinary shares		9,957,623		9,957,623
BAM Ordinary shares		N/A		N/A

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE

Â

Â

Number of shares

Â

Â

Number of voting rights (ix)

Â

Â

% of voting rights

Â

Direct

Direct (x)

Â

Indirect (xi)

Direct

Â

Indirect

OFI Ordinary Shares

13,195,442

13,195,442

3.9182

BAM Ordinary Shares

669,899

669,899

0.1989

Total (OFI + BAM)

13,865,341

13,865,341

4.1171

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Â	Expiration Date (xiii)	Â	Exercise/Conversion Period/ Date (xiv)	Â	Number of voting rights that may be acquired if the instrument is exercised/ converted.	Â	% of voting rights
N/A						N/A

Total (A+B)

Number of voting rights	Â	% of voting rights
13,865,341		4.1171%

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

Â

Proxy Voting:

10. Name of the proxy holder:

N/A

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

Done at New York, NY, USA (trades placed by Oppenheimer Funds, Inc)

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

N/A

…………..

13. Additional information:

14. Contact name:

15. Contact telephone number:

Annex to Notification Of Major Interests In Shares (xvi)

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities):

Oppenheimer Funds Inc
Baring Asset Management LtdBaring Asset Management Ltd

Contact address (registered office for legal entities):

Openheimer Funds Inc, 2 World Financial Centre, 225 Liberty Street, New York, NY 10080 USA.

Baring Asset Management Ltd, 155 Bishopsgate, London, Enland, EC2M3XY

Phone number:

OFI 001-212-323-0200
BAM 00-44-20-7214-1292

Other useful information (at least legal representative for legal persons):

OFI Brian Dvorak phone [phone]
BAM Jon Pritchard phone [phone]
B: Identity of the notifier, if applicable (xvii)

Full name:
Rose BakerRose Baker

Contact address:

Massachusetts Mutual Life Insurance Company, 1295 State Street, MIP, F420, Springfield, MA 01111, USA

Phone number:

001-413-744-8258

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation):

Compliance Consultant

C: Additional information :

Massachusetts Mutual Life Insurance Company is the parent company of OFI and BAM
Percentage of holdings based on total outstanding share value of 336,774,872 Percentage of holdings based on total outstanding share value of 336,774,872

Notes to the Forms

(i) This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority.

(ii) Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate.

(iii) This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned:

- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions;

- in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created;

- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking;

- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights;

- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion.

(iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in DTR5.2.

(v) The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect.

(vi) Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state ‘below 3%’.

(vii) If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement.

^(viii) Direct and indirect

^(ix) In case of combined holdings of shares with voting rights attached ‘direct holding’ and voting rights ‘indirect holdings’, please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank.

^(x) Voting rights to shares in respect of which the notifying party is a direct shareholder (DTR 5.1)

^(xi) Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1)

^(xii) If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%.

^(xiii) date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends.

^(xiv) If the financial instrument has such a period-please specify the period- for example once every three months starting from the (date)

^(xv) The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 5% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking.

^{(xvi )} This annex is only to be filed with the competent authority.

^(xvii) Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3

This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange.