Holding(s) in Company

Avingtrans PLC
17 May 2007



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):

Avingtrans plc


2. Reason for the notification (please state Yes/No): ( )


An acquisition or disposal of voting rights: ( no )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( no )


An event changing the breakdown of voting rights: ( no )


Other (please specify) : ( Yes - Change in issued share capital)


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

Bluehone Investors LLP


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

See box 9 below


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

15/05/07


6. Date on which issuer notified:

16/05/07


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

12%


8. Notified details:

N/A


A: Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                                       transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)

GB0009188797                               2,101,000                 2,101,000



Resulting situation after the triggering transaction (vii)

Class/type of shares if       Number of  Number of voting    % of voting rights
possible using the ISIN CODE  shares     rights (ix)

                              Direct     Direct Indirect     Direct Indirect
                                         (x)    (xi)

                                                 2,101,000           2,101,000


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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



                             N/A



Total (A+B)
Number of voting rights                      % of voting rights

      2,101,000                                    11.95%


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

Client        No of voting rights % of total voting right Registered name
AIM VCT2 plc            667,000                    3.80   Chase Nominees Limited
Active
Capital               1,267,000                    7.21   Chase Nominees Limited
trust plc





Proxy Voting:


10. Name of the proxy holder:

Bluehone Investors LLP


11. Number of voting rights proxy holder will cease to hold:

N/A


12. Date on which proxy holder will cease to hold voting rights:

N/A


13. Additional information:

N/A


14. Contact name:

Mike Bassi, F & C Asset Management plc, Administrators to Bluehone Investors LLP


15. Contact telephone number:

0131 718 1093






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