Holding(s) in Company
For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are Tullett Prebon PLC
attached:ii
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 qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
OppenheimerFunds, Inc ("OFI")
3. Full name of person(s) subject to the
notification obligation:iii
Baring Asset Management Limited ("BAM")
4. Full name of shareholder(s)
(if different from 3.):iv
5. Date of the transaction and date on
which the threshold is crossed or May 7, 2010
reached: v
6. Date on which issuer notified: May 10, 2010
7. Threshold(s) that is/are crossed or 4% (OFI independently increased above 4%)
reached: vi, vii
8. Notified details:
Tullett Prebon Plc, Level 3, 155 Bishopsgate, London EC2M 3TQ
Nigel Szembel, nszembel@tullettprebon.com
A: Voting rights attached to shares viii, ix
Class/type Situation previous Resulting situation after the triggering transaction
of to the triggering
shares transaction
Number Number Number Number of voting % of voting rights x
if possible of of of shares rights
using Shares Voting
the ISIN Rights Direct Direct Indirect Direct Indirect
CODE xi xii
8,623,507 8,623,507
8,407,975 8,407,975 (OFI) (OFI) 4.005% (OFI)
(OFI) (OFI)
GB00B1H0DZ51
242,237 242,237 0.112% (BAM)
242,237 242,237 (BAM) (BAM)
(BAM) (BAM)
8,650,212 8,650,212 4.117% (Total)
(Total) (Total) 8,865,744 8,865,744
(Total) (Total)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting
financial date xiii Conversion Period rights that may be rights
instrument xiv acquired if the
instrument is
exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date xvii Conversion rights instrument xix, xx
instrument period refers to
xviii
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
8,623,507 (OFI) 4.005% (OFI)
242,237 (BAM) 0.112% (BAM)
8,865,744 (Total) 4.117% (Total)
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
The percentage of holdings noted above is based on the total outstanding shares
of 215,313,584
Massachusetts Mututal Life Insurance Company is the parent company of Baring
Asset Management ("BAM") and OppenheimerFunds, Inc. ("OFI").
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: Susan Beaudin, Massachusetts Mutual Life Insurance Company
15. Contact telephone number: 011(413)744-5956