Holding(s) in Company

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying               Chesnara PLC         
issuer of existing shares to which voting rights                               
are attached:                                                                  
                                                                               
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 (please specify):                                                        
                                                                               
3. Full name of person(s) subject to the                   Allianz SE          
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if different from     Veer Palthe Voute NV     
3.):                                                                           
                                                                               
5. Date of the transaction (and date on which the       8th October 2008       
threshold is crossed or reached if different):                                 
                                                                               
6. Date on which issuer notified:                       9th October 2008       
                                                                               
7. Threshold(s) that is/are crossed or reached:                11%             
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares                                           
                                                                              
Class/type   Situation             Resulting situation after the triggering         
of shares    previous to the       transaction                                      
             Triggering                                                         
if           transaction                                                        
possible                                                                      
using the                                                                     
ISIN CODE                                                                     
             Number of  Number of  Number of  Number of voting    % of voting rights        
             Shares     Voting     shares     rights                                        
                        Rights                                                                
                        viii       Direct     Direct     Indirect Direct   Indirect         
                                                                                   
GB00B00FPT80 13,592,995 13,592,995 12,132,726 12,132,726 45,989   11.702   0.44359

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                        
                                                                               
Type of         Expiration  Exercise/          Number of voting    % of voting 
financial       date xiii   Conversion Period/ rights that may be  rights      
instrument                  Date xiv           acquired if the                 
                                               instrument is                   
                                               exercised/                      
                                               converted.                      
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                % of voting rights                      
                                                                               
    12,178,715                               11.747%                 

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable xv:                  
                                                                               
Allianz Global Investors AG is a wholly-owned subsidiary of Allianz SE.        
                                                                               
Allianz SE is the ultimate holding company of Veer Palthe Voute NV ("VPV"). VPV
is a direct subsidiary of Dresdner Bank Luxembourg S.A. ("DB Lux"), a direct   
subsidiary of Dresdner Bank AG ("Dresdner"). Dresdner is a direct subsidiary of
Allianz Finanzbeteiligungs GmbH ("Allianz Finanz"), which is itself a direct   
subsidiary of Allianz SE.                                                      
                                                                               
Dresdner Bank AG is the holding company of Kleinwort Benson Private Bank Ltd.  
Dresdner Bank AG is a subsidiary of Allianz Finanzbeteiligungs GmBH which is a 
direct subsidiary of Allianz SE.                                               

Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy holder will                                  
cease to hold:                                                                 
                                                                               
12. Date on which proxy holder will cease to hold                              
voting rights:                                                                 

13. Additional information:                                                    
                                                                               
14. Contact name:                 Dresdner Kleinwort Media Relations Team      
                                                                               
15. Contact telephone number:     020 7623 8000