Holding(s) in Company

RNS Number : 3577J

Marwyn Value Investors Limited

29 March 2010

Financial Services Authority

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Marwyn Value Investors Ltd ('B' Ordinary Shares)
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights			Yes
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM) Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.):	Legal & General Assurance Society Limited (LGAS & LGPL)
5. Date of the transaction and date on which the threshold is crossed or reached:	24 March 2010 (25 November 2009 - Please see additional Information)
6. Date on which issuer notified:	25 March 2010
7. Threshold(s) that is/are crossed or reached:	Group Above 5% LGIM (Above 5%) L&G (Above 3%)

8. Notified details:

A: Voting rights attached to shares

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Indirect

Direct

Indirect

'B' ORD GBP0.000001

Below 3%

L&G

Please see additional information

1,500,000

34.44%

0.00%

Below 5%

LGIM

Please see additional information

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,500,000

(L&G)

34.44%

1,500,000

(LGIM)

34.44%

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

Legal & General Group Plc (Direct and Indirect) (Group) ( 1,500,000 -34.44%= Total Position)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) ( 1,500,000 - 34.44%= Total Position)
Legal & General Investment Management Limited (Indirect) (LGIM) ( 1,500,000 - 34.44%= Total Position)
Legal & General Group Plc (Direct) (L&G) ( 1,500,000 - 34.44%=LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)	Legal & General Insurance Holdings Limited (Direct) (LGIH) ( 1,500,000 - 34.44%= LGAS & LGPL)
Legal & General Assurance (Pensions Management) Limited (PMC)	Legal & General Assurance Society Limited (LGAS & LGPL) ( 1,500,000 - 34.44%= LGAS & LGPL)
	Legal & General Pensions Limited (Direct) (LGPL)

Proxy Voting:

10. Name of the proxy holder:

N/A

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:

Notification using the total voting rights figure of 4,355,000.

Following advice from the company on 24/03/10, the B shares have been split out and calculated as a separate entity, taking our holding up from 29.94% to 34.44%. Consequently, an exposure has been present since [ 25 November 2009] but was not previously reported to the market due to the aggregation of ordinary shares with B ordinary shares"

14. Contact name:

Joanne Shelton (LGIM)

15. Contact telephone number:

020 3124 3850

This information is provided by RNS

The company news service from the London Stock Exchange

END

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