Holding(s) in Company

Character Group PLC
14 February 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):

The Character Group 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) : Initial holding following implementation of Disclosure
and Transparency Rules



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

3i Group plc (direct)

3i Investments plc (indirect)



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

N/A



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





6. Date on which issuer notified:

14 February 2007



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

N/A



8. Notified details:

.................





A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)
            
GB0008976119                      N/A                                N/A






Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect
                             
GB0008976119                 11,525,898               11,525,898   See Section 9        25.33%      See Section 9





B: Financial Instruments

Resulting situation after the triggering transaction (xii)


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


N/A             N/A                   N/A                       N/A                         N/A





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


11,525,898                     25.33%



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

3i Group plc has a direct beneficial interest in the total number of voting
rights disclosed in section 8 above.



3i Investments plc (a wholly owned subsidiary of 3i Group plc) has an indirect
interest in the total number of voting rights disclosed in section 8 above in
its capacity as the discretionary Investment Manager of 3i Group plc.



3i Holdings plc and 3i plc are both wholly owned subsidiary undertakings of 3i
Group plc and parent undertakings of 3i Investments plc.



Proxy Voting:



10. Name of the proxy holder:

N/A



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:

Notification using total voting rights of 45,493,837



14. Contact name:

Kiran Shah



15. Contact telephone number:

020 8949 5898






                      This information is provided by RNS
            The company news service from the London Stock Exchange