Holding(s) in Company

Alpha Pyrenees Trust Limited
29 May 2007

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


                                                              Alpha Pyrenees Trust Limited

1. Identity of the issuer or the underlying 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  No
of shares already issued to which voting rights are attached
                                                                                        

An event changing the breakdown of voting rights                                        No


Other (please specify):______________
                                                     

3. Full name of person(s) subject to notification    Hero Nominees Limited
obligation:


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

5. Date of transaction (and date on which the
threshold is crossed or reached if different):       24 May 2007
                                                     

6. Date on which issuer notified:                    24 May 2007
                                                    

7. Threshold(s) that is/are crossed or reached:      3% Holding








8: Notified Details
A: Voting rights attached to shares


Class/type of     Situation previous to the Resulting situation after the triggering transaction
shares            triggering transaction

If possible use   Number of    Number of    Number of    Number of voting rights Percentage of voting
ISIN code         shares       voting       shares                               rights
                               rights






                                                         Direct      Indirect    Direct      Indirect

GB008OP6FY18      3,750,000                 4,750,000


B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights  Percentage of voting
instrument                                period/date          that may be acquired  rights
                                                               (if the instrument
                                                               exercised/converted)




Total (A+B)


Number of voting rights                              Percentage of voting rights
4,750,000                                            3.73%









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



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:                                       Ian Price


15. Contact telephone name:                            01534 609832





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

Note: Annex should only be submitted to the FSA not the issuer


Annex: Notification of major interests in shares




A: Identity of the persons or legal entity subject to the notification obligation
Full name

(including legal form of legal entities)


Contact address

(registered office for legal entities)


Phone number & email


Other useful information

(at least legal representative for legal persons)




B: Identity of the notifier, if applicable
Full name


Contact address


Phone number & email


Other useful information



(e.g. functional relationship with the person or
legal entity subject to the notification obligation)


C: Additional information





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