Holding(s) in Company

Bovis Homes Group PLC
23 August 2007


Form TR-1 with annex. FSA Version 2.1 updated April 2007

+------------------------------------------------------------------------------+
|For filings with the FSA include the annex                                    |
|For filings with issuer exclude the annex                                     |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|TR-1: Notifications of Major Interests in Shares                              |
+------------------------------------------------------------------------------+

+-------------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying      |Bovis Homes Group Plc           |
|issuer of existing shares to which voting rights |                                |
|are attached:                                    |                                |
+-------------------------------------------------+--------------------------------+
|2. Reason for notification (yes/no)                                               |
+-----------------------------------------------------------------------+----------+
|An acquisition or disposal of voting rights                            |Yes       |
+-----------------------------------------------------------------------+----------+
|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     |JPMorgan Chase & Co                     |
|notification obligation:                 |                                        |
+-----------------------------------------+----------------------------------------+
|4. Full name of shareholder(s) (if       |J.P.Morgan Investment Management Inc.   |
|different from 3):                       |JPMorgan Asset Management (Japan)       |
|                                         |Limited                                 |
|                                         |JPMorgan Asset Management (UK) Limited  |
|                                         |JPMorgan Chase Bank                     |
+-----------------------------------------+----------------------------------------+
|5. Date of transaction (and date on which|20 August 2007                          |
|the threshold is crossed or reached if   |                                        |
|different):                              |                                        |
+-----------------------------------------+----------------------------------------+
|6. Date on which issuer notified:        |22 August 2007                          |
+-----------------------------------------+----------------------------------------+
|7. Threshold(s) that is/are crossed or   |5%                                      |
|reached:                                 |                                        |
+-----------------------------------------+-------+---------------------+----------+
+-----------------------------------------+-------+---------------------+----------+




+-------------------------------------------------------------------------------+
|8: Notified Details                                                            |
+-------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                            |
+------------+-----------------------+------------------------------------------+
|Class/type  |Situation previous to  |Resulting situation after the triggering  |
|of shares   |the triggering         |transaction                               |
|If possible |transaction            |                                          |
|use ISIN    +---------+-------------+---------+----------------+---------------+
|code        |Number of|Number of    |Number of|Number of voting|Percentage of  |
|            |shares   |voting rights|shares   |rights          |voting rights  |
|            |         |             |         +------+---------+------+--------+
|            |         |             |         |Direct|Indirect |Direct|Indirect|
+------------+---------+-------------+---------+------+---------+------+--------+
|GB0001859296|7,623,912|7,623,912    |5,916,443|      |5,916,443|      |4.90%   |
+------------+---------+-------------+---------+------+---------+------+--------+

+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                          |
+-----------+----------+------------+-------------------------------+----------+
|Type of    |Expiration|Exercise/   |No. of voting rights that may  |Percentage|
|financial  |date      |conversion  |be acquired (if the instrument |of voting |
|instrument |          |period/date |exercised/converted)           |rights    |
+-----------+----------+------------+-------------------------------+----------+
|N/A        |          |            |                               |          |
+-----------+----------+------------+-------------------------------+----------+

+------------------------------------------------------------------------------+
|Total (A+B)                                                                   |
+-----------------------------------+------------------------------------------+
|Number of voting rights            |Percentage of voting rights               |
+-----------------------------------+------------------------------------------+
|5,916,443                          |4.90%                                     |
+-----------------------------------+------------------------------------------+




+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and /or   |
|the financial instruments are effectively held, if applicable:                |
+------------------------------------------------------------------------------+
|Total disclosable holding for JPMorgan Chase & Co. : 5,916,443 (4.90%)        |
|Holdings by controlled undertakings of JPMorgan Chase & Co. are as follows:   |
|                                                                              |
|J.P.Morgan Investment Management Inc.                                         |
|JPMorgan Asset Management (Japan) Limited                                     |
|JPMorgan Asset Management (UK) Limited                                        |
|JPMorgan Chase Bank                                                           |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|Proxy Voting:                                                                 |
+--------------------------------------------------------------------------+---+
|10. Name of proxy holder:                                                 |N/A|
+--------------------------------------------------------------------------+---+
|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       |Please note the group has other holdings which are      |
|information:         |covered by exemptions.                                  |
+---------------------+--------------------------------------------------------+
|14 Contact name:     |Ricky Crump                                             |
+---------------------+--------------------------------------------------------+
|15. Contact telephone|020 7777 0424                                           |
|name:                |                                                        |
+---------------------+--------------------------------------------------------+

For notes on how to complete form TR-1 please see the FSA website.
Note: Annex should only be submitted to the FSA not the issuer

+------------------------------------------------------------------------------+
|Annex: Notification of major interests in shares                              |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|A: Identity of the persons or legal entity subject to the notification        |
|obligation                                                                    |
+---------------------------------------------+--------------------------------+
|Full name                                    |JPMorgan Chase & Co             |
|(including legal form of legal entities)     |                                |
+---------------------------------------------+--------------------------------+
|Contact address                              |270 Park Avenue, New York,      |
|(registered office for legal entities)       |NY10017                         |
+---------------------------------------------+--------------------------------+
|Phone number & email                         |001 212 270 6000                |
+---------------------------------------------+--------------------------------+
|Other useful information                     |N/A                             |
|(at least legal representative for legal     |                                |
|persons)                                     |                                |
+---------------------------------------------+--------------------------------+

+------------------------------------------------------------------------------+
|B: Identity of the notifier, if applicable                                    |
+------------------------------------------------+-----------------------------+
|Full name                                       |Ricky Crump                  |
+------------------------------------------------+-----------------------------+
|Contact address                                 |JPMorgan Chase, 13th Floor,  |
|                                                |125 London Wall, London, EC2Y|
|                                                |5AJ                          |
+------------------------------------------------+-----------------------------+
|Phone number & email                            |020 7777 0424                |
|                                                |[e-mail]   |
+------------------------------------------------+-----------------------------+
|Other useful information                        |N/A                          |
|                                                |                             |
|(e.g. functional relationship with the person or|                             |
|legal entity subject to the notification        |                             |
|obligation)                                     |                             |
+------------------------------------------------+-----------------------------+

+------------------------------------------------------------------------------+
|C: Additional information                                                     |
+------------------------------------------------------------------------------+
|N/A                                                                           |
+------------------------------------------------------------------------------+



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