Holding(s) in Company

Norcros PLC
01 May 2008


TR-1: Notifications of Major Interests in Shares                Norcros Plc

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


2. Reason for notification (yes/no)                                  Yes

An acquisition or disposal of voting rights


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     JPMorgan Chase & Co
obligation:
                                                      JPMorgan Asset Management (UK) Limited

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


5. Date of transaction (and date on which the         30 April 2008
threshold is crossed or reached if different):


6. Date on which issuer notified:                     01 May 2008


7. Threshold(s) that is/are crossed or reached:       10% and 11%


8: Notified Details
A: Voting rights attached to shares


Class/type of      Situation previous to the  Resulting situation after the triggering transaction
shares             triggering transaction
                   Number of     Number of    Number of       Number of voting       Percentage of voting
If possible use    shares        voting       shares          rights                 rights
ISIN code                        rights

                                                              Direct    Indirect     Direct     Indirect
GB00B1Y9V062       13,255,000    13,255,000   17,055,000                17,055,000              11.47%
B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date   Exercise/           No. of voting rights that   Percentage of
instrument                             conversion period/  may be acquired (if the     voting rights
                                       date                instrument exercised/
                                                           converted)
N/A


Total (A+B)


Number of voting rights                             Percentage of voting rights
17,055,000                                          11.47%


9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are
effectively held, if applicable:
Total disclosable holding for JPMorgan Chase & Co. : 17,055,000 (11.47%)

JPMorgan Asset Management (UK) Limited: 17,055,000 (11.47%)


Proxy Voting:


10. Name of proxy holder:                           N/A


11. Number of voting rights proxy holder will cease N/A
to hold:


12. Date on which proxy holder will cease to hold   N/A
voting rights:


13. Additional information:                         N/A


14 Contact name:                                    Tracey Young


15. Contact telephone name:                         020 7325 4513






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