Holding(s) in Company

Smith (DS) PLC 29 January 2007 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): DS Smith Plc 2. Reason for the notification (please state Yes/No): ( ) 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) : Initial notification as per regulatory requirement ( ) 3. Full name of person(s) subject to the notification obligation (iii): Legal & General Assurance (Pensions Management) Limited (PMC) 4. Full name of shareholder(s) (if different from 3.) (iv): Legal & General Group Plc (L&G) 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 24 January 2007 (See additional information) 6. Date on which issuer notified: 29 January 2007 7. Threshold(s) that is/are crossed or reached: Above 3% (PMC) 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering the ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii) Below 3% Below 3% Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting possible using the ISIN shares rights (ix) rights CODE Direct Direct (x) Indirect Direct Indirect (xi) Ord 10p shares 11,818,837 11,818,837 3.00 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument (xiii) Period/ Date exercised/ converted. rights (xiv) Total (A+B) Number of voting rights % of voting rights 11,818,837 3.00 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (Direct and Indirect) (LGIMH) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (13,823,280 - 3.51% = LGAS, LGPL & PMC) Legal & General Investment Management Legal & General Insurance Holding Limited (Holdings) Limited (Direct) (LGIMHD) (LGIH) (Direct) (11,818,837 - 3.00%) Legal & General Assurance (Pensions Legal & General Assurance Society Limited Management) Limited (PMC) (LGAS & LGPL) (11,818,837 - 3.00%) 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 shares in issue figure of 392,911,495. Please note that this was a late notification due to a systems issue with a transfer in. 14. Contact name: Helen Lewis 15. Contact telephone number: 020 7528 6742 Annex to Notification Of Major Interests In Shares (xvi) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): Contact address (registered office for legal entities): Phone number: Other useful information (at least legal representative for legal persons): B: Identity of the notifier, if applicable (xvii) Full name: Carolyn Cattermole Contact address: DS Smith Plc, 4-16 Artillery Row, London SW1P 1RZ Phone number: 020 7932 5030 This information is provided by RNS The company news service from the London Stock Exchange

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Smith (DS) (SMDS)
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