Holding(s) in Company

Impax Environmental Markets plc has today received the following
notification of a major interest in its shares.

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):
Impax Environmental Markets 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: (No)

An event changing the breakdown of voting rights: (No)

Other (please specify) : (No)

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

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

5. Date of the transaction (and date on which the threshold is
crossed or  reached if different) (v):
21 May 2007

6. Date on which issuer notified:
23 May 2007

7. Threshold(s) that is/are crossed or reached:
    4%

8. Notified details:
.......




A: Voting rights attached to shares


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


Ord 10p shares                   6,796,586          6,796,586
GB0031232498



Resulting situation after the triggering transaction (vii)


Class/type of shares   Number of Number of voting     % of voting
if possible using the  shares    rights (ix)          rights
ISIN CODE
                       Direct    Direct (x) Indirect  Direct Indirect
                                            (xi)


Ord 10p shares         9,592,530 9,592,530  1,204,056 4.42   0.55
GB0031232498


B: Financial Instruments
Resulting situation after the triggering transaction (xii)


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




Total (A+B)

Number of voting rights % of voting rights
10,796,586              4.97%


9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held, if applicable
(xv):
AEGON UK Group of companies - parent undertaking of:

AEGON Asset Management UK plc
AEGON Investment Management UK ltd
AEGON ICVC

Proxy Voting:

10. Name of the proxy holder:
AEGON UK Group of Companies

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:
AEGON UK Group of companies consists of:

AEGON Asset Management UK plc
AEGON Investment Management UK ltd
AEGON ICVC


14. Contact name:
Miranda Beacham

15. Contact telephone number:
0131 549 3460


The person making this announcement on behalf of Impax Environmental
Markets plc is as follows;

Anthony Lee
Tel: [phone]

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