Holding(s) in Company

Avingtrans PLC 01 June 2007 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): Avingtrans PLC 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (NO) 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) : (YES) Increase in issued shared capital following exercise of warrants 3. Full name of person(s) subject to the notification obligation (iii): Nigel William Wray 4. Full name of shareholder(s) (if different from 3.) (iv): S & F Nominees (Isle of Man) Limited Pershing Keen Nominees Limited 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): N/A 6. Date on which issuer notified: 31 May 2007 7. Threshold(s) that is/are crossed or reached: N/A 8. Notified details: As Above A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering the ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii) Ordinary Shares GB0009188797 2,447,433 2,447,433 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting possible using the ISIN CODE shares rights (ix) rights Direct Direct (x) Indirect Direct Indirect (xi) Ordinary Shares 2,447,433 2,447,433 13.93% GB0009188797 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument (xiii) Period/ Date exercised/ converted. rights (xiv) N/A Total (A+B) Number of voting rights % of voting rights 2,447,433 13.93% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Nigel William Wray has a beneficial interest in shares in Avingtrans Plc held by the following nominees S & F Nominees (Isle of Man) Limited 75,000 Pershing Keen Nominees Limited 2,372,433 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: N/A 14. Contact name: Gina Wernham 15. Contact telephone number: 020 7647 7657 This information is provided by RNS The company news service from the London Stock Exchange

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Avingtrans (AVG)
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