Notification of major interes

Shires Income PLC
16 March 2007


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company: Shires Income plc

2) Name of shareholder having a major interest: AXA S.A

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18: as above

4) Name of the registered holder(s) and, if more than one holder, the
number of voting rights held by each of them

Sun Life Unit Assurance Ltd A/c X                915,960
Sun Life Unit Assurance Ltd A/c X              2,060,000
Sun Life International (IOM) Ltd                  16,199
Sun Life Pensions Management Ltd                  50,000
Sun Life Unit Assurance Ltd                        6,367
FTSE All Share Tracker
Sun Life Pensions Management                      25,031
FTSE All Share Tracker
AXA Winterthur                                     8,281
                                               _________
                                               3,081,838

5) Number of voting rights acquired: 3,081,838

6) Percentage of issued class: 10.38%

7) Number of voting rights disposed

8) Percentage of issued class

9) Class of security: Ordinary 50p shares

10) Date of transaction: 2 March 2007

11) Date company informed: 7 March 2007

12) Total holding following this notification: 3,081,838

13) Total percentage holding of issued class following this notification: 10.38%

14) Any additional information

15) Name of contact and telephone number for queries: Sonia Paterson - 0141 572
2700

16) Name and signature of authorised company official responsible for
making this notification: Graeme McDonald


Date of notification: 16 March 2007




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