Holding(s) in Company

RNS Number : 8718M

Babcock International Group PLC

01 June 2010

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	BABCOCK INTERNATIONAL GROUP PLC
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights		X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): ___________
3. Full name of person(s) subject to the notification obligation:	Ignis Investment Services Limited
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	31/05/2010
6. Date on which issuer notified:	01/06/2010
7. Threshold(s) that is/are crossed or reached:	5%
8. Notified details:	Nominee holdings

A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights ^viii	Number of shares	Number of voting rights ^ix		% of voting rights
			Direct	Direct ^x	Indirect ^xi	Direct	Indirect
0969703					11,513,155		5.01%

B: Financial Instruments
Resulting situation after the triggering transaction ^xii
Type of financial instrument	Expiration date ^xiii	Exercise/ Conversion Period/ Date ^xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
CFD's			70,000	0.03%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable ^xv:

Pearl Group Limited

Impala Holdings Limited

Pearl Group Holdings (No.1) Ltd

Ignis Asset Management Ltd

Ignis Investment Services Ltd (indirect)

Vidacos Nominees Ltd (8,791,353.00 3.83%)

State Street Nominees (1,790,818.00 0.78%)

BNY (OCS) Nominees Ltd (812,604.00 0.35%)

MELLON BANK NA (118,380.00 0.05%)

HSBC (70,000.00 0.03%)

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights: