Holding(s) in Company

Impax Environmental Markets plc has today received the following notification of a major interest in its shares. TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Impax Environmental Markets Plc 2. Reason for the notification (please state Yes/No): ( ) n/a see additional information An acquisition or disposal of voting rights: (Yes) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No) An event changing the breakdown of voting rights: (No) Other (please specify) : (No) 3. Full name of person(s) subject to the notification obligation (iii): Legal & General Group plc (L & G) 4. Full name of shareholder(s) (if different from 3.) (iv): Legal & General Assurance (Pension Management) Limited (PMC) 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 14 November 2007 6. Date on which issuer notified: 20 November 2007 7. Threshold(s) that is/are crossed or reached: From 3%-4% (L & G) 8. Notified details: ....... A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering using the ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) Ord 10p shares 6,825,463 6,825,463 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting possible using the ISIN shares rights (ix) rights CODE Direct Direct (x) Indirect Direct Indirect (xi) Ord 10p shares 8,717,803 8,717,803 4.00% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/Conversion Number of voting % of financial Date (xiii) Period/ Date (xiv) rights that may be voting instrument acquired if the rights instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 8,717,803 4.00% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (8,717,803 - 4.00% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (7,834,253-3.60%=PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) (7,834,253-3.60% = PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) Proxy Voting: 10. Name of the proxy holder: n/a 11. Number of voting rights proxy holder will cease to hold: n/a 12. Date on which proxy holder will cease to hold voting rights: n/a 13. Additional information: Notification using the total voting rights figure of 217,407,088 Please note this notification has been delayed due to the large number of disclosures required following a substantial amount of new business which has come to us in the form of an in-specie transfer. 14. Contact name: Helen Lewis (LGIM) 15. Contact telephone number: 020 3124 3851 The person making this announcement on behalf of Impax Environmental Markets plc is as follows; Anthony Lee Tel: 020 7490 4355 ---END OF MESSAGE---
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