Holding(s) in Company

Swallowfield PLC
05 September 2007



For filings with the FSA include the annex

For filings with issuer exclude the annex



TR-1: Notifications 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 notification obligation:

Peter Gyllenhammar



4. Full name of shareholder(s) (if different from 3) :

Union Discount Company of London Limited

Forv AB Bronsstadet



5. Date of transaction (and date on which the threshold is crossed or reached if
different):

4 September 2007



6. Date on which issuer notified:

4 September 2007



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

29%




8. Notified Details:



A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the triggering transaction
use ISIN CODE
                                  Number of shares                   Number of voting rights


Ordinary                          3,254,000                          28.9%





                                                 Resulting situation after the triggering transaction
Class/type of shares if       Number of shares          Number of voting rights               % of voting rights
possible use ISIN CODE
                                                        Direct         Indirect               Direct       Indirect


Ordinary                      3,274,000                 3,274,000                             29.1%



B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration date      Exercise/conversion       No. of voting rights that   % of voting rights
financial                            period/date               may be acquired (if the
instrument                                                     instrument exercised/
                                                               converted)





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


3,274,000                      29.1%



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



Peter Gyllenhammar is the 100% owner of the following companies owning the
Swallowfield plc shares:



Union Discount Company of London plc        3,164,000

Forv AB Bronsstadet                           110,000





Proxy Voting:



10. Name of 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:

00 46 708 185 244



For notes on how to complete form TR-1 please see the FSA website.







Note: Annex should only be submitted to the FSA not the issuer





Annex: Notification of major interests in shares



A: Identity of the persons or legal entity subject to the notification
obligation



Full name (including legal form of legal entities):

Peter Gyllenhammar



Contact address (registered office for legal entities):

Grev Turegatan 27, 11438 Stockholm, SWEDEN



Phone number & email:

00 46 844 28560



Other useful information (at least legal representative for legal persons):

.................



B: Identity of the notifier, if applicable



Full name:

.................



Contact address:

.................



Phone number & email:

.................



Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

.................



C: Additional information :

.................




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