Holding in Company

Grafton Group PLC
25 February 2008


TR - 1: Notification of Major Interests in Shares


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


2     Reason for the notification (please place an X inside the appropriate box):


      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 notification        Allied Irish Banks, plc and its subsidiaries
      obligation:
4     Full name of shareholders(s) (if different from 3):   N/A
5     Date of transaction (and date on which the threshold  21 February 2008
      is crossed or reached if different):
6     Date on which issuer notified:                        22 February 2008
7     Threshold(s) that is/are crossed or reached:          3%
8     Notified Details:
      A: Voting Rights attached to shares




      Class/type   Situation previous to the Resulting situation after the triggering transaction
      of shares    Triggering transaction
      (if possible
      using ISIN
      CODE)

                   Number of    Number of    Number of    Number of Voting Rights    % of Voting Rights
                   shares       Voting       shares
                                Rights       Direct       Direct         Indirect    Direct    Indirect
      (Sedols:     6,994,696    6,994,696    7,082,692    7,082,692      Nil         3.09%     Nil
      B00NKF3

      B00MZ44 and
      3035184)


      SUBTOTAL A   6,994,696    6,994,696    7,082,692            7,082,692          3.09%
      (based on
      aggregate
      voting
      rights)
      B: Financial Instruments


      Resulting situation after the triggering transaction
      Type of financial   Expiration date       Exercise/Conversion  No. of voting rights   % of voting
      instrument                                period               that may be acquired   rights
                                                                     (if the instrument
                                                                     exercised/converted)


      N/A
      TOTAL (A + B)
      Number of voting rights                               % of voting rights


      7,082,692                                             3.09%


9     Chain of controlled undertakings through which the voting rights and/or the financial instruments
      are effectively held, if applicable:
      Name of Company/Fund             No. of shares                        % of issued Class of Security
                                                                          share capital
      Bank of New York Nominees Ltd                            466,316           0.203%   Ordinary Shares
      BNY Custodial Nominees (Ireland)                         533,123           0.232%   Ordinary Shares
      Ltd 184062
      BNY Custodial Nominees (Ireland)                          15,940           0.007%   Ordinary Shares
      Ltd 184219
      BNY Custodial Nominees (Ireland)                          32,256           0.014%   Ordinary Shares
      Ltd 184234
      BNY Custodial Nominees (Ireland)                          73,714           0.032%   Ordinary Shares
      Ltd 184235
      BNY Custodial Nominees (Ireland)                          24,400           0.010%   Ordinary Shares
      Ltd 184316
      BNY Custodial Nominees (Ireland)                         493,831           0.215%   Ordinary Shares
      Ltd 184321
      BNY Custodial Nominees (Ireland)                          23,543           0.010%   Ordinary Shares
      Ltd 184344
      BNY Custodial Nominees (Ireland)                          14,220           0.006%   Ordinary Shares
      Ltd 184346
      BNY Custodial Nominees (Ireland)                           4,590           0.002%   Ordinary Shares
      Ltd 184347
      BNY Custodial Nominees (Ireland)                          37,173           0.016%   Ordinary Shares
      Ltd 184615
      BNY Custodial Nominees (Ireland)                          16,852           0.007%   Ordinary Shares
      Ltd 184620
      Nortust Nominees Limited                                 213,684           0.093%   Ordinary Shares


      Alibank Nominees Limited A/c                               2,100           0.001%   Ordinary Shares
      T00438
      Alibank Nominees Limited A/c                              10,440           0.005%   Ordinary Shares
      T04715
      Alibank Nominees Limited A/c                              38,412           0.017%   Ordinary Shares
      T04716
      Alibank Nominees Limited A/c                               8,800           0.004%   Ordinary Shares
      T05671
      Alibank Nominees Limited A/c                               6,240           0.003%   Ordinary Shares
      T11635
      Alibank Nominees Limited A/c                              11,000           0.005%   Ordinary Shares
      T12351
      Alibank Nominees Limited A/c                               2,000           0.001%   Ordinary Shares
      T17108
      Alibank Nominees Limited A/c                               3,540           0.001%   Ordinary Shares
      T17151
      Alibank Nominees Limited A/c                               5,000           0.002%   Ordinary Shares
      T00018
      Alibank Nominees Limited A/c                               3,000           0.001%   Ordinary Shares
      T13272
      Goodbody Stockbrokers Nominees                         4,800,437           2.091%   Ordinary Shares
      Limited
      Skerries Nominees Limited                                242,081           0.105%   Ordinary Shares



      TOTAL                                                  7,082,692                              3.09%

Proxy Voting


10    In case of proxy voting: (name of proxy holder) will cease to hold (number) voting rights as of
      (date). (N//A)


11    Additional information                                Done at AIB, Bankcentre, Ballsbridge, Dublin
                                                            4 on 22 February 2008






This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.




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