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:
Wolseley plc
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: (YES)
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:
LLOYDS TSB GROUP PLC
4. Full name of shareholder(s) (if different from 3.):
Nominees (Jersey) Ltd
Perry Nominees Ltd
Boltro Nominees Ltd
Ward Nominees Ltd
Lloyds Bank (PEP) Nominees Ltd
State Street Nominees Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
12 May 2008
6. Date on which issuer notified:
13 May 2008
7. Threshold(s) that is/are crossed or reached:
FALLEN BELOW 3%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares Situation previous to
if possible using the the Triggering
ISIN CODE transaction
Number of shares Number of voting Rights
0976402
ORD 25P 19,983,506 19,983,506
Resulting situation after the triggering transaction
Number of Number of voting rights % of voting rights
shares Direct Indirect Direct Indirect
19,482,983 0 19,482,983 0 2.945
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise No. of voting % of voting
financial Date conversion rights that may rights
instrument Period/Date be acquired (if
the instrument is
exercised/converted)
Total (A+B)
Number of voting rights % of voting rights
19,482,983 2.945%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
6,194,587 Shares are held by Nominees (Jersey) Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.
1,624,954 Shares are held by Perry Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.
255,310 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.
363,260 Shares are held by Ward Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.
390,509 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.
10,654,363 Shares are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds TSB Group 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:
Richard I. Shoylekov
15. Contact telephone number:
0118 929 8700