Holding(s) in Company

Smith (DS) PLC 06 May 2008 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): AXA S.A., 25 Avenue Matignon, 75008 Paris and its 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): 29 April 2008 6. Date on which issuer notified: 6 May 2008 7. Threshold(s) that is/are crossed or reached: 15% 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) 0822011 57,966,479 57,966,479 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting rights % of voting possible using the ISIN shares (ix) rights CODE Direct Direct (x) Indirect (xi) Direct Indirect 5,622,255 5,622,255 53,825,154 1.43 13.68 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 59,447,409 15.11% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): See attached schedule. 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: Terry Marsh 15. Contact telephone number: 020 7003 2637 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 SCHEDULE 9. Chain Name of Company/Fund Number of Shares % of issued share capital AXA Rosenberg 1,540,000 0.39150 Direct AXA UK Investment Co ICVC Ethical Fund 30,000 0.00763 Indirect AXA Rosenberg 1,172,000 0.29795 Direct AXA Financial, Inc 37,512,761 9.53660 Indirect AXA Rosenberg 16,282,393 4.13935 Indirect Sun Life Pensions Management Ltd 16,500 0.00419 Direct Sun Life Unit Assurance Ltd ABL High Alpha 341,900 0.08692 Direct Sun Life Unit Assurance Ltd FTSE All Share Tracker 70,721 0.01798 Direct Sun Life Pensions Management ABL High Apha 1,648,800 0.41916 Direct Sun Life Pensions Management FTSE All Share Tracker 329,624 0.08380 Direct AXA Winterthur 102,600 0.02608 Direct AXA Sun Life With Profits Passive 265,504 0.06750 Direct AXA Sun Life With Profits Passive 134,606 0.03422 Direct Total Direct 5,622,255 1.42930 Total Indirect 53,825,154 13.68358 TOTAL 59,477,409 15.11288 This information is provided by RNS The company news service from the London Stock Exchange ND HOLLQLFBVEBXBBK

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Smith (DS) (SMDS)
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