Holding(s) in Company

Grafton Group PLC
22 January 2008


TR - 1: Notification of Major Interests in Shares


1     Identity of the issuer or the underlying issuer of    Grafton Group plc
      existing shares to which voting rights are attached:


2     Reason for the notification (please place an X inside the appropriate box):


      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        AXA S.A. 25 Avenue Matignon, 75008 Paris
      obligation:
4     Full name of shareholders(s) (if different from 3):   N/A
5     Date of transaction (and date on which the threshold  17 January 2008
      is crossed or reached if different):
6     Date on which issuer notified:                        22 January 2008
7     Threshold(s) that is/are crossed or reached:          3%
8     Notified Details:
      A: Voting Rights attached to shares




      Class/type   Situation previous to the Resulting situation after the triggering transaction
      of shares    Triggering transaction
      (if possible
      using ISIN
      CODE)

                   Number of    Number of    Number of    Number of Voting Rights    % of Voting Rights
                   shares       Voting       shares
                                Rights       Direct       Direct        Indirect     Direct    Indirect
      Sedol        7,129,313    7,129,313    483,200      483,200       5,042,568    0.21      2.19
      B00NKF3





      SUBTOTAL A   7,129,313    7,129,313    483,200              5,525,768          0.21      2.19
      (based on
      aggregate
      voting
      rights)
      B: Financial Instruments


      Resulting situation after the triggering transaction
      Type of financial   Expiration date       Exercise/Conversion No. of voting rights   % of voting
      instrument                                period              that may be acquired   rights
                                                                    (if the instrument
                                                                    exercised/converted)


      N/A
      TOTAL (A + B)
      Number of voting rights                               % of voting rights


      5,525,768                                             2.40


9     Chain of controlled undertakings through which the voting rights and/or the financial instruments
      are effectively held, if applicable:
      Name of Company/Fund             No. of shares                  % of issued share capital


      AXA France - Direct                                     483,200                            0.21013


      AXA France - Indirect                                   116,504                            0.05066


      AXA Rosenberg - Indirect                              4,926,064                            2.14219


      TOTAL DIRECT                                            483,200                            0.21013


      TOTAL INDIRECT                                        5,042,568                            2.19285


      TOTAL                                                 5,525,768                            2.40298

Proxy Voting


10    In case of proxy voting: (name of proxy holder) will cease to hold (number) voting rights as of
      (date). (N//A)


11    Additional information                                Done at London 17 January 2008













This announcement has been issued through the Companies Announcement Service of

                            The Irish Stock Exchange






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