Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        

 

1. Identity of the issuer or the underlying issuer of existing              Chesnara plc   

shares to which voting rights are attached:ii
 

2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        

 

An acquisition or disposal of voting rights                                          Yes
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result       No 
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to             No 
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                      No 
                                                                                        
Other (please specify):                                                               No 
                                                                                        

 

3. Full name of person(s) subject to the notification         Ameriprise Financial, Inc.  
obligation:iii                                                            and its group.        
                                                                                        
4. Full name of shareholder(s)  (if different from 3.):iv     See additional information  
                                                                                under 13           
                                                                                        
5. Date of the transaction and date on which the threshold              01 February 2011       
is crossed or reached: v                                                                
                                                                                        
6. Date on which issuer notified:                                       02 February 2011       
                                                                                        
7. Threshold(s) that is/are crossed or reached: vi, vii       Below the threshold of 11%  
                                                                                        


 

8. Notified details:
A: Voting rights attached to shares viii, ix

 

Class/type of       Situation previous                Resulting situation after                
shares               to the triggering                     the triggering                      
                        transaction                          transaction                       
                                                                                                   
if possible using    Number      Number    Number         Number of        % of  voting  
the ISIN CODE          of          of     of shares         voting           rights x    
                     Shares      Voting                     rights                          
                                 Rights                                                            
                                            Direct     Direct    Indirect  Direct  Indirect
                                                           xi         xii                              
GB00B00FPT80       12,642,746  12,642,746        0          0  12,590,725  0.000%  10.963% 
                                                                                                   
                                                                                                   
                                                                                                   
B: Qualifying Financial Instruments                                                                
                                                                                                   
Resulting situation after the triggering transaction                                               
                                                                                                   
Type of financial      Expiration        Exercise/           Number of voting     % of voting  
    instrument         date xiii   Conversion Period xiv    rights that may be       rights    
                                                             acquired if the                   
                                                              instrument is                    
                                                          exercised/ converted.                
                                                                                                   
                                                                                                   
                                                                                                   

 

C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial Exercise Expiration    Exercise/    Number of voting     % of voting  
   instrument      price    date xvii   Conversion    rights instrument  rights xix, xx 
                                       period xviii       refers to                     
                                                                                        
                                                                                        
                                                                                        
                                                                         Nominal  Delta 
                                                                                        
                                                                                        
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        
        Number of voting rights                    Percentage of voting rights          
                                                                                        
               12,590,725                                    10.963%                    
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
Ameriprise Financial, Inc. which through intermediate holding companies                 
controls the voting rights of Columbia Management Investment Advisers, Columbia         
Wanger Asset Management, Threadneedle Management Luxembourg S.A. and                    
Threadneedle Asset Management Holdings Ltd, which itself controls the voting            
rights of Threadneedle Asset Management Ltd, Threadneedle International Ltd and         
Threadneedle Pensions Ltd.                                                              
                                                                                        
                                                                                        
                                                                                        

 

Proxy Voting:                                                                           
                                                                                        
10. Name of the 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:

                                                  Registered Owner                      
                                                                                        
                           State Street Nominees Ltd            A/c XC7N        1,365,654
                                                                                        
                           Williams & Glyns (Isle of Man)
                           Nominees Ltd                       A/c 301780          210,000
                                                                                        
                           Littledown Nominees Ltd            A/c 03449         1,965,000
                                                                                        
                           Littledown Nominees Ltd            A/c 10479             3,928
                                                                                         
                           Littledown Nominees Ltd            A/c  18667          750,000
                                                                                        
                           Littledown Nominees Ltd            A/c 10496         3,911,143
                                                                                        
                           Littledown Nominees Ltd            A/c 10495         4,385,000
                                                                                        
14. Contact name:                                  Stacey Dryburgh, Threadneedle Group  
                                                                                        
15. Contact telephone number:                                     [phone]