Holding(s) in Company

Avon Rubber PLC 04 May 2006 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) NAME OF LISTED COMPANY AVON RUBBER PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST SCHRODER INVESTMENT MANAGEMENT LTD 3) Please state whether notification indicates that it is regarding the holding of the shareholder named in 2 above; in respect of a non-beneficial interest; or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 NON-BENEFICIAL HOLDING 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. PLEASE SEE LETTER BELOW 5) Number of shares/amount of stock acquired. 38,461 6) Percentage of issued Class (any treasury shares held by the listed company should not be taken into account when calculating percentage) 0.136% 7) Number of shares/amount of stock disposed - 8) Percentage of issued Class (any treasury shares held by the listed company should not be taken into account when calculating percentage) - 9) Class of security ORDINARY £1 SHARES 10) Date of transaction 21/4/06 11) Date listed company informed 3/5/06 12) Total holding following this notification 4,530,028 13) Total percentage holding of issued class following this notification (any treasury shares held by the listed company should not be taken into account when calculating percentage) 16.105% 14) Any additional information AVON RUBBER PLC ISSUED SHARE CAPITAL 28,127,028 15) Name of contact and telephone number for queries P. J. FAIRBAIRN 01225 896860 16) Name and signature of duly authorised officer of the listed company responsible for making this notification Date of Notification .... 4 MAY 2006 .................... Letter to Avon Rubber dated 27 April 2006 GBP 1 ORDINARY SHARES ('SHARES') We write to advise you that we, Schroder Investment Management Limited, have an interest in 4,530,028 shares which are held in portfolios managed by us on a discretionary basis for clients under investment management agreements. Included in this figure are: (i) 4,515,341 shares held in (a) unit trust(s) operated and managed by an affiliated company, Schroder Unit Trusts Limited (SUTL), and registered or to be registered in the name of Chase Nominees Limited; (ii)14,687 shares neither registered nor to be registered in the name of Schroder Nominees. The registration details are shown on the enclosed Schedule A. We believe that we, our subsidiary and affiliated company are therefore interested in an overall aggregate of 4,530,028 shares, representing some 16,049% of the total number of shares in issue, namely 28,227,028. This notification is made to you: (a) in respect of our interest as investment managers; (b) on behalf of SUTL in relation to the interests they are treated as having respectively under the Companies Act 1985 (the Act); and (c) on behalf of Schroders plc, our holding company, which is treated as having an interest in all of the above shares under the Act by virtue of its ownership of SUTL and ourselves. Albion Onojobi Compliance Schroders 10P ORDINARY SHARES SCHEDULE A REGISTRATION AMOUNT NYKREDIT PORTEFOLJE ADMINISTRATION 5,589 CHASE MANHATTAN BANK 9,098 TOTAL 6,959,872 This information is provided by RNS The company news service from the London Stock Exchange
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