Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Chesnara plc

2. Reason for the notification                                  State          
                                                                Yes/No         
                                                                               
An acquisition or disposal of voting rights                      Yes           
                                                                               
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    Lloyds TSB Group plc  
obligation (iii):                                                              
                                                                               
4. Full name of shareholder(s) (if different from 3.)                          
(iv):                                                                          
                                                                               
5. Date of the transaction (and date on which the                N/A           
threshold is crossed                                                           
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                N/A           
                                                                               
7. Threshold(s) that is/are crossed or reached:                  N/A           
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type of      Situation        Resulting situation after the triggering   
    shares        previous to                  transaction (vii)               
 if possible    the Triggering                                                 
using the ISIN transaction (vi)                                                
     CODE                                                                      
                                                                               
               Number   Number    Number    Number of voting     % of voting   
                 of       of        of        rights (ix)          rights      
               Shares   Voting    shares                                       
                        Rights                                                 
                        (viii)                                                 
                                                                               
                                  Direct    Direct   Indirect  Direct  Indirect
                                              (x)      (xi)                    
                                                                               
   B00FPT8       N/A      N/A    4,249,817 4,249,817  60,802   4.063    0.058  
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
4,310,619                               4.122                                  

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



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:                                             Philip Mason     
                                                                               
15. Contact telephone number:                                 01444 418127