Holding(s) in Company

TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying issuer of existing                 
shares to which voting rights are attached:                                    
                                                                               
Chesnara plc                                                                   
                                                                               
2. Reason for notification                                        [Yes/No]     
                                                                               
An acquisition or disposal of voting rights                         Yes        
                                                                               
An acquisition or disposal of financial instruments which            No        
may result in the acquisition of shares already issued to
which voting rights are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                     No        
                                                                               
Other (please specify):                                              No        
                                                                               
3. Full name of person(s) subject to     Ameriprise Financial, Inc. and its    
notification obligation:                 group                                 
                                                                    
                                                                               
4. Full name of shareholder(s) (if       See additional information under 13   
different from 3):                                                             
                                                                               
5. Date of transaction (and date on      02 December 2008                      
which the                                                                      
threshold is crossed or reached if                                             
different):                                                                    
                                                                               
6. Date on which issuer notified:        03 December 2008                      
                                                                               
7. Threshold(s) that is/are crossed or   Above the threshold of 10%             
reached:                                                                       

8: Notified Details                                                            
                                                                               
A: Voting rights attached to shares                                            

Class/type   Situation previous to                    Resulting situation after          
of shares           the triggering                   the triggering transaction          
                       transaction                                                   
If possible    Number of Number of  Number of         Number of   Percentage of  
use               shares    voting     shares     voting rights   voting rights  
ISIN code                   rights                                                
                                              Direct   Indirect Direct Indirect
                                                                                 
GB00B00FPT80   6,658,928 6,658,928 10,163,397      0 10,163,397 0.000%  10.014%
                                                                                 

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           

Type of          Expiration      Exercise/      No. of voting    Percentage of 
financial           date        conversion    rights that may be voting rights 
instrument                      period/date    acquired (if the                
                                                  instrument                   
                                                  exercised/                   
                                                  converted)                   
                                                                               

Total (A+B)                                                                    

Number of voting rights                 Percentage of voting rights            
                                                                               
10,163,397                              10.014%                                

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
Ameriprise Financial, Inc., which controls the voting rights of Threadneedle   
Asset Management Holdings Ltd, which controls the voting rights of Threadneedle
Asset Management Ltd, Threadneedle International Ltd and Threadneedle Pensions 
Ltd.                                                                           

Proxy Voting:                                                                  
                                                                               
10. Name of proxy holder:           N/A                                        
                                                                               
11. Number of voting rights proxy   N/A                                        
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will N/A                                        
cease to hold voting rights:                                                   

13. Additional information:     Rigistered Owner                           
                                                                               
                                Littledown Nominees Ltd A/c41408   150,000   
                                                                               
                                William & Glyns        A/c301780   195,000                                       
                               (Isle of Man)                      
                                Nominees Ltd                               
                                                                               
                                Littledown Nominees Ltd A/c03449 1,945,000 
                                                                               
                                Littledown Nominees Ltd A/c10479     3,928     
                                                                               
                                Littledown Nominees Ltd A/c18667   695,000   
                                                                               
                                Littledown Nominees Ltd A/c10496 2,854,469 
                                                                               
                                Littledown Nominees Ltd A/c10495 4,320,000 
                                                                               
14 Contact name:                    Company Secretary, Threadneedle group      
                                                                               
15. Contact telephone name:         [phone]                        

For notes on how to complete form TR-1 please see the FSA website.