Holding(s) in Company

RNS Number : 9622C

System C Healthcare plc

15 March 2011


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		SYSTEM C HEALTHCARE PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments			X
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	First Eagle Investment Management, LLC
4. Full name of shareholder(s) (if different from 3.):	Aetos Corporation Iolaire Investors Limited Partnership Institutional Benchmark Series (Bakram)
5. Date of the transaction and date on which the threshold is crossed or reached:	11/03/2011
6. Date on which issuer notified:	14/03/11
7. Threshold(s) that is/are crossed or reached:	Below 5% - 5%

8. Notified details:

A: Voting rights attached to shares

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Indirect

Direct

Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

% of voting rights

Contracts for Difference ("CFDs")

N/A

6,030,000

Nominal

Delta

5.18

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,030,000

5.18

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

The CFDs are managed by First Eagle Investment Management, LLC.

The direct holders of the CFDS are set out below:

Direct Holder of CFDs	Voting Rights	% of Voting Rights
Aetos Corporation	2,679,830	2.30
Iolaire Investors Limited Partnership	2,962,017	2.54
Institutional Benchmark Services (Bakram)	388,153	0.33