Holding(s) in Company

Renold PLC 21 March 2007 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): RENOLD plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (NO) 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) : (YES) CONFIRMATION OF CURRENT POSITION - DISCLOSURE MADE UNDER THE TRANSITIONAL PROVISIONS OF THE TRANSPARENCY DIRECTIVE. 3. Full name of person(s) subject to the notification obligation (iii): STEEL PARTNERS II LP 4. Full name of shareholder(s) (if different from 3.) (iv): VIDACOS NOMINEES LIMITED A/C 2303: 7,552,527 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): N/A 6. Date on which issuer notified: 20 MARCH 2007 7. Threshold(s) that is/are crossed or reached: 10% 8. Notified details: A: Voting rights attached to shares Situation previous to the Triggering transaction (vi) Class/type of shares if possible using Number of Number of voting Rights the ISIN CODE shares (viii) GB0007325078 7,072,027 7,072,027 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) GB0007325078 7,552,527 7,552,527 10.84% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument (xiii) Period/ Date exercised/ converted. rights (xiv) N/A Total (A+B) Number of voting rights % of voting rights 7,552,527 10.84% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): 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: 14. Contact name: KEITH DRACUP, RENOLD PLC 15. Contact telephone number: 0161 498 4521 This information is provided by RNS The company news service from the London Stock Exchange

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Renold (RNO)
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