Holding(s) in Company

Fairpoint Group PLC
25 March 2008



For filings with the FSA include the annex
For filings with issuer exclude the annex



TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the underlying issuer of existing shares to which 
voting rights are attached:

Fairpoint Group plc


2. Reason for the notification (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:

Invesco Limited


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



 

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

17 March 2008

 

6. Date on which issuer notified:

18 March 2008

 

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

5%


8. Notified details:



A: Voting rights attached to shares

 
Class/type of shares            Situation previous to  
                                the Triggering
If possible using the           transaction          
ISIN CODE                              

                       Number of shares       Number of voting Rights 

Ordinary 1p            1,989,059              1,989,059
Shares   
(GB0032360280)
      
 



Resulting situation after the triggering transaction 
 
Class/type of shares   Number of shares   Number of voting rights    % of voting rights  

If possible using                                                                 
the ISIN CODE                                                                         
                                          Direct     Indirect        Direct    Indirect  
Ordinary 1p 
Shares                 2,139,059                     2,139,059                 5.03%
(GB0032360280) 






B: Financial Instruments

Resulting situation after the triggering transaction 

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

 





Total (A+B)

Number of voting rights       % of voting rights 

2,139,059                     5.03%



 



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

JP Morgan Chase - 430,000

Citibank - 1,709,059




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:

Andrew Heath

 

15. Contact telephone number:

0845 296 0100




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