Smiths News PLC
18 July 2007
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
Smiths News plc
2. Reason for the notification (please place an X inside the appropriate
bracket/s):
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) : ( )
3. Full name of person(s) subject to the notification obligation:
Silchester International Investors Limited
4. Full name of shareholder(s) (if different from 3.):
Silchester International Investors International Value Equity Trust
Silchester International Investors International Value Equity Group Trust
Silchester International Investors Tobacco Free International Value Equity Trust
The Calleva Trust
5. Date of the transaction and date on which the threshold is crossed or reached
if different):
13th July 2007
6. Date on which issuer notified:
16th July 2007
7. Threshold(s) that is/are crossed or reached:
14%
8. Notified details:
N/A
A: Voting rights attached to shares
Class/type of shares Situation previous to
if possible using the the Triggering
ISIN CODE transaction
Number of shares Number of voting Rights
GB00B17WCR61 23,844,232 23,844,232
Resulting situation after the triggering transaction
Class/type of shares Number of shares Number of voting rights % of voting rights
if possible using
the ISIN CODE
Direct Direct Indirect Direct Indirect
GB00B17WCR61 26,317,866 26,317,866 14.39%
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/Conversion Number of voting % of voting
financial Period/ Date rights that may be rights
instrument acquired if the
instrument is
exercised/
converted.
N/A N/A N/A N/A N/A
Total (A+B)
Number of voting rights % of voting rights
26,317,866 14.39%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
N/A
Proxy Voting:
10. Name of the proxy holder:
Silchester International Investors Limited
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:
Silchester International Investors Ltd ('Silchester') acts as investment manager
for the clients detailed in Question 4 above (our 'Clients'). In acting for our
Clients, Silchester are given full discretion over their investments and are
empowered to vote on their behalf. However, we do not act as our Client's
custodian and therefore shares are not held in our name but in the name of each
Client's custodian bank.
14. Contact name:
Alison Ravenscroft, Head of Dealing
15. Contact telephone number:
0207 518 7105
Notification received by issuer: 18 July 2007
Issuer contact name: Mark Charlton (Co Secretary)
Issuer contact phone number: (01793)563919
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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