Holding(s) in Company

Stobart Group Limited
07 April 2008


TR-1:               notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing            Stobart Group Limited
shares to which voting rights are attached:
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                Aviva plc & its subsidiaries
obligation:
4. Full name of shareholder(s) (if different from 3.):
                                                                 Registered Holder:

                                                                 BNY Norwich Union Nominees Limited
                                                                                 2,586,362*

                                                                 Chase GA Group Nominees Limited
                                                                               6,262,933*

                                                                 Chase Nominees Limited


                                                                                       360,705*

                                                                 CUIM Nominee Limited

                                                                                2,190,969*

                                                                 * denotes direct interest

                                                                 Chase Nominees Limited


                                                                                       458,881*

                                                                 Vidacos Nominees Limited
                                                                                              43,354
5. Date of the transaction (and date on which the threshold is        03 April 2008
crossed or reached if different):
6. Date on which issuer notified:                                     07 April 2008
7. Threshold(s) that is/are crossed or reached:                  4% to 5% Change at Combined Interest
                                                                 level

8. Notified details:






A: Voting rights attached to shares
Class/type of    Situation previous to Resulting situation after the triggering transaction
shares           the Triggering
                 transaction
 if possible     Number of  Number of  Number of    Number of voting rights   % of voting rights
using the ISIN   Shares     Voting     shares
CODE                        Rights     Direct       Direct       Indirect     Direct       Indirect

Ordinary Shares


GB00B03HDJ73     6,440,129  6,440,129  11,400,969   11,400,969   502,235      5.05%        0.22%



B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.


                                                   N/A




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


11,903,204                                         5.27%




9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable :
                                                     See Section 4


Proxy Voting:
10. Name of the proxy holder:                                           See Section 4
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:                  Figures are based on a revised total number of voting rights of
                                             225,992,895 following the recent Open Offer, Placing and Merger.
14. Contact name:                                 Neil Whittaker
15. Contact telephone number:                     01603 684420




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