Holding(s) in Company

Smith (DS) PLC 13 June 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): 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): 11 June 2007 6. Date on which issuer notified: 13 June 2007 7. Threshold(s) that is/are crossed or reached: 13% 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 (viii) shares 0822011 51,155,120 51,155,120 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 0822011 3,858,560 3,858,560 47,131,893 0.98 11.99 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 50,990,453 12.97% 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 592,000 0.15056 Direct AXA Rosenberg 555,000 0.14115 Direct AXA Financial, Inc 32,459,561 8.25518 Indirect AXA Rosenberg 14,672,332 3.73150 Indirect Sun Life Pensions Management Ltd 18,500 0.00470 Direct Sun Life Pensions Management Ltd 157,000 0.03993 Direct Sun Life Unit Assurance Ltd ABL High Alpha 341,900 0.08695 Direct Sun Life Unit Assurance Ltd FTSE All Share Tracker 67,052 0.01705 Direct Sun Life Pensions Management ABL High Apha 1,648,800 0.41933 Direct Sun Life Pensions Management FTSE All Share Tracker 375,708 0.09555 Direct AXA Winterthur 102,600 0.02609 Direct Total Direct 3,858,560 0.98132 Total Indirect 47,131,893 11.98668 TOTAL 50,990,453 12.96800 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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