Holding(s) in Company

Swallowfield PLC 18 May 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Swallowfield Plc 2. Reason for the notification (please place an X inside the appropriate bracket /s): 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: ( ) Other (please specify) : ( ) 3. Full name of person(s) subject to the notification obligation: Peter JPV Gyllenhammer 4. Full name of shareholder(s) (if different from 3.) : Forvaltnings AB Bronsstadet Union Discount Company of London Ltd 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 18 May 2007 6. Date on which issuer notified: 18 May 2007 7. Threshold(s) that is/are crossed or reached: 27% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction using the ISIN CODE Number of shares Number of voting Rights 2,816,500 2,816,500 Ordinary shares of 5p each Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rights possible using the ISIN CODE Direct Direct Indirect Direct Indirect 3,068,100 3,068,100 27.3% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial Period/ Date that may be acquired if the instrument instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 3,068,100 27.3% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : Peter Gyllenhammar is the 100% owner of both Forvaltnings AB Bronsstadet and Union Discount Company of London Ltd and is thus the sole beneficial owner of the shares in Swallowfield Plc. 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: Peter Gyllenhammar 15. Contact telephone number: 00 46 708 185 244 This information is provided by RNS The company news service from the London Stock Exchange
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