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Pennon Group PLC (PNN)

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Wednesday 28 March, 2007

Pennon Group PLC

Holding(s) in Company

Pennon Group PLC
28 March 2007

PENNON GROUP PLC


FOR IMMEDIATE RELEASE


HOLDING IN COMPANY





NOTIFICATION OF MAJOR INTERESTS IN SHARES



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



PENNON GROUP PLC



2. Reason for the notification



Initial disclosure under the Financial Services Authority's Disclosure
Transparency Rules



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



            Standard Life Investments Limited



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



            Vidacos Nominees



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



23 March 2007



6. Date on which issuer notified:



27 March 2007



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



            Direct voting rights exceed 3% and total voting rights exceed 4%



8. Notified details:



Initial disclosure under the Financial Services Authority's Disclosure
Transparency Rules



A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the Triggering transaction
using the ISIN CODE
                                  Number of shares                   Number of voting Rights
Ordinary
                                  Initial disclosure
GB00B18V8630                                                         Initial disclosure


Resulting situation after the triggering transaction


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect

Ordinary                                                            below 3%             3.520%      below 3%
                             12,534,312
GB00B18V8630                                          12,534,312



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


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




Total (A+B)


Number of voting rights        % of voting rights


15,548,532                     4.366%



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



Standard Life Investments Limited



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:



Annex to Notification Of Major Interests In Shares



A: Identity of the person or legal entity subject to the notification obligation



Full name (including legal form for legal entities):



            Pennon Group Plc



Contact address (registered office for legal entities):



Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR



Contact name   Margaret Lilian Heeley - Assistant Company Secretary



Phone number 01392 443060











28 March 2007



www.pennon-group.co.uk



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