+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | Weir Group Plc |
|of existing shares to which voting rights are | |
|attached: ii | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes): |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of voting rights | X |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of qualifying financial instruments which | |
|may result in the acquisition of shares already issued to which | Â |
|voting rights are attached | |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of instruments with similar economic | Â |
|effect to qualifying financial instruments | |
+---------------------------------------------------------------------+--------+
|An event changing the breakdown of voting rights | Â |
+---------------------------------------------------------------------+--------+
|Other (please specify): Â | Â |
+--------------------------------------+------------------------------+--------+
|3. Full name of person(s) subject to | |
|the | Prudential plc group of companies |
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | See attached schedule |
|(if different from 3.):iv | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 22 June 2011 |
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 23 June 2011 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| See item 13 |
|reached: vi, vii | |
+--------------------------------------+---------------------------------------+
+----------------------------------------------------------------------------------+
|8. Notified details: |
+----------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+------------+----------------------+----------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +----------+-----------+----------+-------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of  voting |
|using |of |of |of shares |rights |rights x |
|the ISIN | ares |V ting +----------+----------+--------+------+--------+
|CODE | |Rights |Direct |Direct xi |Indirect|Direct|Indirect|
| | | | | |xii | | |
+------------+----------+-----------+----------+----------+--------+------+--------+
|GB0009465807|11,572,094|11,572,094 |11,110,617|11,110,617| Â |5.25% | Â |
+------------+----------+-----------+----------+----------+--------+------+--------+
| Â | Â | Â | Â | Â | Â | Â | Â |
+------------+----------+-----------+----------+----------+--------+------+--------+
+----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+---------------------+--------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |date xiii |Conversion Period xiv|rights that may be |rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+---------------------+--------------------+-------------+
| Â | Â | Â | Â | Â |
+--------------+----------+---------------------+--------------------+-------------+
+----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments xv, xvi |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+---------+----------+-----------+--------------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |date xvii |Conversion |rights instrument |rights xix, xx|
|instrument | | |period |refers to |Â |
| | | |xviii |Â | |
+-------------+---------+----------+-----------+--------------------+-------+------+
| | | | | Â |Nominal|Delta |
| Â | Â | Â | Â | Â +-------+------+
| | | | | | Â | Â |
+-------------+---------+----------+-----------+--------------------+-------+------+
+----------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+---------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+---------------------------------------------+
|11,110,617 |5.25% |
+------------------------------------+---------------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: xxi |
+------------------------------------------------------------------------------+
|Prudential plc (parent Company) |
|M&G Group Limited (wholly owned subsidiary of Prudential plc) |
|M&G Limited (wholly owned subsidiary of M&G Group Limited) |
|M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) |
|The Prudential Assurance Company Limited (wholly owned subsidiary of |
|Prudential plc) |
| Â |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+-----------------------------------------------+------------------------------+
|10. Name of the proxy holder: | N/A |
+-----------------------------------------------+------------------------------+
|11. Number of voting rights proxy holder will | |
|cease | N/A |
|to hold: | |
+-----------------------------------------------+------------------------------+
|12. Date on which proxy holder will cease to | |
|hold | N/A |
|voting rights: | |
+-----------------------------------------------+------------------------------+
+-----------------------------+------------------------------------------------+
| |Â |
|13. Additional information: |The Prudential Assurance Company Limited (wholly|
| |owned subsidiary of Prudential plc) has gone |
| |below a 5% notifiable interest, triggering this |
| |notification. |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Ajay Patel / Mark Thomas |
| |M&G Investment Management Limited |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7548 3261 / 020 7548 3266 |
+-----------------------------+------------------------------------------------+
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: The Weir Group PLC via Thomson Reuters ONE
[HUG#1526224]
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