Notifiable Interest

Gleeson(M J)Group PLC
29 October 2007

                     M J Gleeson Group PLC ('the Company')

                              Notifiable Interest



A form TR-1 containing the following information has been received by the
Company.

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:

M J Gleeson Group PLC

2. Reason for the notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

North Atlantic Value LLP (as investment advisor/manager)

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

North Atlantic Smaller Companies Investment Trust PLC / North Atlantic Value LLP
(as investment manager/adviser to other fund management clients)

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

26 October 2007

6. Date on which issuer notified:

29 October 2007

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

Holding through 16%

8. Notified details:

A: Voting rights attached to shares
Class/type of      Situation previous to Resulting situation after the triggering transaction
shares             Triggering
                   transaction           Notification required under DTR transitional provision 7
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


Ordinary Shares

Sedol: B01BNK2

Holder 1

                   3,000,000  3,000,000  3,400,000    3,400,000               6.52%


Holder 2           5,030,185  5,030,185  5,130,185    5,130,185               9.83%

                                                                              Total
                                                                              voting
                                                                              rights =
                                                                              16.35%



B: Financial Instruments
Resulting situation after the triggering transaction


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




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


8,530,185                                            16.35%



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



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:

North Atlantic Value LLP is the investment manager/advisor in respect of the
full 16.35% holding as it is investment manager/adviser to holder 1 as well as
the other clients included in holder 2

14. Contact name:

Jenny Hogg - Client Company Secretary, J O Hambro Capital Management Limited

15. Contact telephone number:

020 7747 5681



Enquiries:





M J Gleeson Group plc

Edwin Lawrie

Company Secretary



Tel: [phone]




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