Holding(s) in Company

Swallowfield PLC
23 April 2007



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:

Swallowfield plc



2. Reason for the notification (please place an X inside the appropriate 
bracket/s):



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:

Peter JPV Gyllenhammar



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):

20 April 2007



6. Date on which issuer notified:

20 April 2007



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

25%



8. Notified details:





A: Voting rights attached to shares


Class/type of shares if possible                Situation previous to the Triggering transaction
using the ISIN CODE
                                      Number of shares               Number of voting Rights

Ordinary shares of 5p each            2,688,000                      2,688,000

Resulting situation after the triggering transaction


Class/type of shares if      Number of shares         Number of voting rights           % of voting rights
possible using the ISIN CODE
                             Direct                   Direct       Indirect             Direct      Indirect

                             2,816,500                2,816,500                         25.02%



B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration Date      Exercise/Conversion       Number of voting rights     % of voting rights
financial                            Period/ Date              that may be acquired if the
instrument                                                     instrument is exercised/
                                                               converted.





Total (A+B)
Number of voting rights        % of voting rights

2,816,500                      25.02%



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

Peter Gyllenhammar owns 100% of the following companies that owns the
Swallowfield shares of which he accordingly is the beneficial owner:


                                                                                No of Swallowfield shares

Union Discount Company of London Ltd                                                            2,776,500
Forvaltnings AB Bronsstadet                                                                        40,000





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:





13. Additional information:





14. Contact name:

Peter Gyllenhammar



15. Contact telephone number:

[phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange