Holding(s) in Company

Form TR-1 with annex. FSA Version 2.1 updated April 2007

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                            Hays Plc
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (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                        Yes    
                                                                               
Other (please specify):                                                        
                                                                               
3. Full name of person(s)                             Barclays Global Investors
subject to notification                                                        
obligation:                                                                    
                                                                               
4. Full name of shareholder(s)                    Barclays Global Fund Advisors
(if different from 3):                                                         
                                                  Barclays Global Investors Ltd
                                                                               
                                                Barclays Global Investors, N.A.
                                                                               
                                                      Indexchange Investment AG
                                                                               
5. Date of transaction (and                                     11 January 2008
date on which the threshold is                                                 
crossed or reached if                                                          
different):                                                                    
                                                                               
6. Date on which issuer                                         16 January 2008
notified:                                                                      
                                                                               
7. Threshold(s) that is/are                                            4% to 3%
crossed or reached:                                                            

8: Notified Details                                                             
                                                                                
A: Voting rights attached to shares                                             
                                                                                
Class/type   Situation previous  Resulting situation after the triggering       
of shares    to the triggering   transaction                                    
             transaction                                                        
If possible                                                                     
use ISIN                                                                        
code                                                                            
                                                                                

Number of    Number of  Number of  Number of voting    Percentage of voting     
shares       voting     shares     rights              rights                   
             rights                                                             
                                   Direct     Indirect Direct          Indirect 
                                                                                
GB0004161021 57,038,872 57,038,872 55,867,500    0     55,867,500 0.00   3.96   

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            
                                                                               
55,867,500                              3.96                                   

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
Barclays Global Fund Advisors                                                  
                                                                               
Barclays Global Investors Ltd                                                  
                                                                               
Barclays Investors, N.A.                                                       
                                                                               
Indexchange Investment AG                                                      

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:                        Stefan Bort                            
                                                                               
15. Contact telephone name:             020 7383 2266                          

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