Holding(s) in Company

Dawnay, Day Carpathian PLC
27 March 2008



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


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

Dawnay Day Carpathian Plc


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 ( )


3. Full name of person(s) subject to the notification obligation:

Credit Agricole Cheuvreux International Ltd


4. Full name of shareholder(s) (if different from 3.)


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

19/03/08


6. Date on which issuer notified:

27/03/08


7. Threshold(s) that is/are crossed or reached:

5%


8. Notified details:


A. Voting rights attached to shares


Class/type of shares (if possible using the ISIN code)

ISIN:

GB00B0B66533
Situation previous to the  Resulting situation after the triggering transaction
triggering transaction
Number of    Number of     Number of     Number of voting       % of voting
             Voting Rights shares        rights                 rights
Shares
                           Direct        Direct     Indirect    Direct  Indirect
8,470,922     8,470,922    11,819,389    11,819,389             5.17%



B. Financial Instruments


Resulting situation after the triggering transaction

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



Total (A+B)

Number of voting rights                      % of voting rights


11,819,389                                   5.17%




9. Chain of controlled undertakings through which the voting rights and/

or the financial instruments are effectively held, if applicable:


SAS Rue La Boetie

Credit Agricole SA

Calyon SA

Credit Agricole Cheuvreux 11,819,389 (5.17%)


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: Gabrielle Burne


15. Contact telephone number: 0207 214 6037


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