Holding(s) in Company

Babcock International Group PLC 10 January 2008 TR-1i: 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): Babcock International Group PLC 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights: YES 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 3. Full name of person(s) subject to the notification obligation (iii): Schroders plc 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction and date on which the threshold is crossed or reached (v): 8 January 2008 6. Date on which issuer notified: 9 January 2008 7. Threshold(s) that is/are crossed or reached: From 15% - 14% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Resulting situation after the using the ISIN CODE Triggering transaction (vi) triggering transaction (vi) Number of shares Number of voting Rights (viii) Ordinary GB0009697037 36,327,607 36,327,607 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights possible using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect GB0009697037 N/A N/A 32,371,462 N/A 14.11% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial (xiii) Period/ Date (xiv) that may be acquired if the instrument instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 32,371,462 14.11% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Schroders Investment Management Limited 30,326,462 13.22% Schroder Investment Management North America Limited 2,045,000 0.89% 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: The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. 14. Contact name: Vicky Wand 15. Contact telephone number: 020 7658 3750 This information is provided by RNS The company news service from the London Stock Exchange
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