Holding(s) in Company

Marshalls PLC
12 July 2007

TR-1(i): notification of major interests in shares

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

2. Reason for the notification (please tick the appropriate box or
boxes)

An acquisition or disposal of voting rights                                    

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): initial holding notification   X

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

4. Full name of shareholder(s) (if                     Allianz Global Investors
different from 3.):                                    Equity Business Unit

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

6. Date on which issuer notified:                      12 July 2007

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

8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous to the  Resulting situation after the triggering
of shares    Triggering transaction     transaction
if possible
using the    Number of Number of        Number Number of voting % of voting
ISIN CODE    Shares    Voting Rights    of     rights           rights
                                        shares
                                        Direct Direct Indirect  Direct Indirect

GB00B012BV22                                          6,088,192        4.25



B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)
Number of voting rights                      % of voting rights
6,088,192                                    4.25

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

Allianz Global Investors Global Equity Business Unit is a wholly owned
subsidiary of Allianz SE.

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:                                      Elizabeth Blease

15. Contact telephone number:                          01484 438930




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