Holding(s) in Company

For filings with the FSA include the annex  
For filings with issuer exclude the annex   

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     Standard Life Investments Ltd         
notification                                                                   
obligation:                                                                    
                                                                               
4. Full name of shareholder(s) (if       Vidacos Nominees                      
different from 3):                                                             
                                                                               
5. Date of transaction (and date on      5 May 2009                            
which the                                                                      
threshold is crossed or reached if                                             
different):                                                                    
                                                                               
6. Date on which issuer notified:        6 May 2009                            
                                                                               
7. Threshold(s) that is/are crossed or   4%                                    
reached:                                                                       

8: Notified Details                                                            
                                                                               
A: Voting rights attached to shares                                            

Class/type of  Situation previous to          Resulting situation after          
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   4,318,832  4,318,832 3,646,948 2,839,275  807,673 2.715%   0.772%
                                                                                

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/conver                
                                                     ted)                      
                                                                               

Total (A+B)                                                                    

Number of voting rights                 Percentage of voting rights            
                                                                               
3,646,948                               3.487%                                 

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

Proxy Voting:                                                                  
                                                                               
10. Name of 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:                    [e-mail]            
                                                                               
15. Contact telephone name:         [phone]