Holding(s) in Company

Alpha Pyrenees Trust Limited
20 March 2008


TR-1:               notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing         Alpha Pyrenees Trust Limited
shares to which voting rights are attached:

2. Reason for the notification     (please tick the appropriate box or boxes)
Other (please specify):  Initial Disclosure

3. Full name of person(s) subject to the notification obligation          RATHBONE BROTHERS PLC

4. Full name of shareholder(s) (if different from 3.)                     RATHBONE BROTHERS PLC

                                                                    Rathbone Investment Management Ltd

                                                                    Rathbone Unit Trust Management Ltd
5. Date of the transaction (and date on which the threshold is                18 March 2008
crossed or reached if different)

6. Date on which issuer notified:                                             20 March 2008

7. Threshold(s) that is/are crossed or reached:                                     5%

8. Notified details:

A: Voting rights attached to shares
Class/type of      Situation previous to  Resulting situation after the triggering transaction
shares             the Triggering
                   transaction
 if possible using Number of  Number of   Number of   Number of voting rights   % of voting rights
the ISIN CODE      Shares     Voting      shares
                              Rights      Direct      Direct       Indirect     Direct       Indirect
Ordinary NPV

Shares             5,531,540  5,531,540   N/A         N/A          6,007,840    N/A          5.11%

(GB00B0P6FY18)
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial        Expiration    Exercise/ Conversion     Number of voting rights   % of voting
instrument               date          Period/ Date             that may be acquired if   rights
                                                                the instrument is
                                                                exercised/ converted.


          N/A            N/A                     N/A            N/A                       N/A
Total (A+B)

Number of voting rights                              % of voting rights

6,007,840                                            5.11%

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 Ltd 4.69%

Rathbone Unit Trust Management Ltd 0.42%

*  Rathbone Brothers Plc is the holding company of the following.
Proxy Voting:

10. Name of the proxy holder:                                             N/A

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

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

13. Additional information:            N/A
 
14. Contact name:                      Melanie Torode, For Assura Administration 
                                       Limited as Secretary

15. Contact telephone number:          01481 735542






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