Holding(s) in Company

TR-1 :               notification of major interests in shares

1.Identity of the issuer or the underlying issuer of existing    Chesnara  
shares to which voting rights are attached :                      PLC      
                                                                           
                                                               GB00B00FPT80
                                                                           
                                                                           
                                                                           
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                           
                                                                           
Other (please specify):                                                    
                                                                           
3. Full name of person(s) subject to the notification            Allianz   
obligation :                                                      SE       
                                                                           
4. Full name of shareholder(s) (if different from 3.) :        Veer Palthe 
                                                                 Voute NV  
                                                                           
5. Date of the transaction (and date on which the threshold   29th October
is crossed or reached if different) :                             2008      
                                                                           
6. Date on which issuer notified:                             30th October
                                                                  2008      
                                                                           
7. Threshold(s) that is/are crossed or reached:                   11%      
                                                                           
8. Notified details:                                                        
                                                                           

A: Voting rights attached to shares                                               
                                                                                  
Class/type   Situation previous to Resulting situation after the triggering       
of shares    the Triggering        transaction                                    
             transaction                                                          
 if possible                                                                      
using the    Number of  Number of  Number of  Number of voting    % of voting     
ISIN CODE    Shares     Voting     shares     rights ix           rights          
                        Rights                                                    
                        viii       Direct     Direct  x  Indirect Direct  Indirect
                                                                          
GB00B00FPT80 12,132,726 12,132,726 11,149,659 11,149,659  45,989  10.8082 0.445807

B: Financial Instruments                                                      
                                                                              
Resulting situation after the triggering transaction xii                      
                                                                              
Type of    Expiration Exercise/      Number of voting rights that may  % of   
financial  date xiii  Conversion     be acquired if the instrument is  voting 
instrument            Period/ Date   exercised/ converted.             rights 
                      xiv                                                     
                                                                              
 

Total (A+B)                                                                   
                                                                              
Number of voting rights                     % of voting rights                
                                                                              
                                                                              
                                                                              
      11,195,648                                 10.8528%             
                                                                              
 

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable xv:                  
                                                                               
Allianz Global Investors AG  is a wholly-owned subsidiary of Allianz SE.       
                                                                               
Allianz SE is the ultimate holding company of Veer Palthe Voute NV ("VPV"). VPV
is a direct subsidiary of Dresdner Bank Luxembourg S.A. ("DB Lux"), a direct   
subsidiary of Dresdner Bank AG ("Dresdner"). Dresdner is a direct subsidiary of
Allianz Finanzbeteiligungs GmbH ("Allianz Finanz"), which is itself a direct   
subsidiary of Allianz SE.                                                      
                                                                               
Dresdner Bank AG is the holding company of Kleinwort Benson Private Bank Ltd.  
Dresdner Bank AG is a subsidiary of Allianz Finanzbeteiligungs GmBH which is a 
direct subsidiary of Allianz SE.                                               
                                                                               
 
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:                   Dresdner Kleinwort Media Relations Team  
                                                                             
15. Contact telephone number:       020 7623 8000