Spirent Communications PLC
20 September 2006
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of listed company
SPIRENT COMMUNICATIONS PLC
2. Name of shareholder with a major interest
SHERBORNE INVESTORS GP, LLC
3. Please state whether notification indicates that regarding the holding of the
shareholder named in 2 above; 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 IN 2 ABOVE - SEE ADDITIONAL INFORMATION BELOW
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
SEE ADDITIONAL INFORMATION BELOW
5. Number of shares / amount of stock acquired
NOT DISCLOSED
6. Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)
N/A
7. Number of shares / amount of stock disposed
N/A
8. Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)
N/A
9. Class of security
ORDINARY SHARES OF 3 & 1/3 PENCE EACH
10. Date of transaction
NOT KNOWN
11. Date company informed
20 SEPTEMBER 2006
12. Total holding following this notification
130,250,000 ORDINARY SHARES
13. Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account when
calculating percentage)
14.31%
14. Any additional information
THE FOLLOWING ARE ALL NAMED AS INTERESTED PARTIES IN THE NOTIFICATION RECEIVED
BY THE COMPANY:
SHERBORNE INVESTORS GP, LLC
SHERBORNE INVESTORS CO., LP
EDWARD BRAMSON (THE MANAGING MEMBER OF SHERBORNE INVESTORS GP, LLC)
CRAIG MCKIBBEN AND GERARD EASTMAN (AS MEMBERS OF SHERBORNE INVESTORS GP, LLC
THE HOLDERS OF THE SHARES AS REGISTERED ON THE COMPANY'S REGISTER OF MEMBERS ARE
NOT KNOWN.
THE NOTIFICATION ALSO DISCLOSES (IN ACCORDANCE WITH THE COMPANIES ACT 1985) THAT
THE FOLLOWING THREE ENTITIES HOLD SPIRENT COMMUNICATIONS PLC ORDINARY SHARES AS
DETAILED BELOW - THESE PERCENTAGE HOLDINGS ARE INCLUDED IN THE TOTAL 14.31%
DISCLOSED ABOVE (NOT IN ADDITION TO IT):
HAYDEN INVESTORS PARTNERS, LLC : 5.02% OF ISSUED SHARE CAPITAL
HAYDEN INVESTORS PARTNERS II, LLC: 4.49% OF ISSUED SHARE CAPITAL
HANOVER STRATEGIC FUND A, LLC: 3.26% OF ISSUED SHARE CAPITAL
15. Name of contact and telephone number for queries
MICHAEL ANSCOMBE - 01293 767676
16. Name and signature of duly authorised company official of the listed company
responsible for making this notification
MICHAEL ANSCOMBE
DEPUTY COMPANY SECRETARY
Date of notification
20 SEPTEMBER 2006
This information is provided by RNS
The company news service from the London Stock Exchange
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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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