Holding(s) in Company

Dawnay, Day Carpathian PLC 27 March 2008 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Dawnay Day Carpathian Plc 2. Reason for the notification (please tick the appropriate box or boxes) 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 ( ) 3. Full name of person(s) subject to the notification obligation: Credit Agricole Cheuvreux International Ltd 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): 19/03/08 6. Date on which issuer notified: 27/03/08 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A. Voting rights attached to shares Class/type of shares (if possible using the ISIN code) ISIN: GB00B0B66533 Situation previous to the Resulting situation after the triggering transaction triggering transaction Number of Number of Number of Number of voting % of voting Voting Rights shares rights rights Shares Direct Direct Indirect Direct Indirect 8,470,922 8,470,922 11,819,389 11,819,389 5.17% B. Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % of financial date Conversion be acquired if the instrument is voting instrument Period/Date exercised/ converted rights Total (A+B) Number of voting rights % of voting rights 11,819,389 5.17% 9. Chain of controlled undertakings through which the voting rights and/ or the financial instruments are effectively held, if applicable: SAS Rue La Boetie Credit Agricole SA Calyon SA Credit Agricole Cheuvreux 11,819,389 (5.17%) 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: Gabrielle Burne 15. Contact telephone number: 0207 214 6037 This information is provided by RNS The company news service from the London Stock Exchange

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