Notifiable Interest

Gleeson(M J)Group PLC 28 November 2007 MJ 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: MJ 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): 1. North Atlantic Smaller Companies Investment Trust PLC 2. North Atlantic Value LLP (as investment manager/advisor to other fund management clients) 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 26 November 2007 6. Date on which issuer notified: 27 November 2007 7. Threshold(s) that is/are crossed or reached: Individual Holding of Holder 1 through 7% 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 3,644,041 3,644,041 3,705,607 3,705,607 7.10% Holder 2 5,130,185 5,130,185 5,130,185 5,130,185 9.83% 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 8,835,792 16.93% 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 16.93% 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 This information is provided by RNS The company news service from the London Stock Exchange HOLPUGPAGUPMGWR

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MJ Gleeson (GLE)
UK 100

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