Holding(s) in Company

Xaar PLC 27 March 2008 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: XAAR PLC 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( X ) 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 the notification obligation: AXA S.A. 25 Avenue Matignon, 75008 Paris and its group of companies 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on which the threshold is crossed or reached if different): 26/03/2008 6. Date on which issuer notified: 27/03/2008 7. Threshold(s) that is/are crossed or reached: 11% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights 0157081 6,933,699 6,933,699 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect 0157081 134,297 134,297 6,773,152 0.21 10.78 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 6,907,449 10.99% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Name of the Company / Fund Number of Shares % of issued share capital AXA UK Investment Co ICVC 105,810 0.16802 UK Smaller Companies Fund Indirect Sun Life Unit Assurance Ltd 11,891 0.01892 FTSE All Share Tracker Direct Sun Life Pensions Management 55,949 0.08901 FTSE All Share Tracker Direct AXA Framlington 5,550,474 8.63065 UK Select Ops Indirect Framlington onshore 749,925 1.19311 private clients Indirect Framlington onshore 59,000 0.09387 private clients Indirect AXA Sun Life plc 40,974 0.06519 With Profits Passive Direct AXA Sun Life plc 25,483 0.04054 With Profits Passive Direct AXA Framlington 308,143 0.49025 EDF Energy Group Indirect Total Direct 134,297 0.21366 Total Indirect 6,773,152 10.77589 TOTAL 6,907,449 10.98956 Proxy Voting: 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: 14. Contact name: Terry Marsh 15. Contact telephone number: 020 7003 2637 This information is provided by RNS The company news service from the London Stock Exchange

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Xaar (XAR)
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