NOTIFICATION OF MAJOR INTEREST IN SHARES

Fairpoint Group plc (FRP) Fairpoint Group plc: NOTIFICATION OF MAJOR INTEREST IN SHARES 02-Aug-2016 / 11:18 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement. For filings with the FCA include the annex   For filings with issuer exclude the annex     TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi     1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii FAIRPOINT GROUP 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached   An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments   An event changing the breakdown of voting rights   Other (please specify):     3. Full name of person(s) subject to the notification obligation: iii HARGREAVE HALE LIMITED 4. Full name of shareholder(s) (if different from 3.):iv DISCRETIONARY CLIENTS 5. Date of the transaction and date on which the threshold is crossed or reached: v 29 JULY 2016 6. Date on which issuer notified: 01 AUGUST 2016 7. Threshold(s) that is/are crossed or reached: vi, vii 17%     8. Notified details: A: Voting rights attached to shares viii, ix Class/type of shares if possible using the ISIN CODE Situation previous to the triggering transaction Resulting situation after the triggering transaction Number of Shares Number of Voting Rights Number of shares Number of voting rights % of voting rights x Direct Indirect Direct xi Indirect xii Direct Indirect GB0032360280 7,866,925 7,866,925   7,496,925   7,496,925   16.4234%     B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration date xiii Exercise/ Conversion Period xiv Number of voting rights that may be acquired if the instrument is exercised/ converted. % of voting rights             C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of financial instrument Exercise price Expiration date xvii Exercise/ Conversion period xviii Number of voting rights instrument refers to % of voting rights xix, xx           Nominal Delta       Total (A+B+C) Number of voting rights Percentage of voting rights 7,496,925 16.4234%     9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi 7,380,000 of these shares are held for unit trusts operated by Marlborough Fund Managers Ltd, for whom Hargreave Hale Ltd manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.   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: David Clueit, Hargreave Hale Ltd 15. Contact telephone number: 01253 754739

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Language:	English
ISIN:	GB0032360280
Category Code:	HOL
TIDM:	FRP
Sequence Number:	3290
Time of Receipt:	02-Aug-2016 / 11:18 CET/CEST

End of Announcement	EQS News Service

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488545  02-Aug-2016