+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|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 | 01 December 2011 |
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 05 December 2011 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Below 5% |
|reached:(vi, vii) | |
+--------------------------------------+---------------------------------------+
+-----------------------------------------------------------------------------------------+
|8. Notified details: |
+-----------------------------------------------------------------------------------------+
|A: Voting rights attached to shares(viii, ix) |
+------------+----------------------+-----------------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering transaction |
|of |to the triggering | |
|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(xii)|Direct|Indirect|
+------------+----------+-----------+------------+----------+-------------+------+--------+
|GB0009465807|10,582,552|10,582,552 | 9,709,084 |9,709,084 | Â |4.59% | 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 rights |% of voting |
|financial |price |date(xvii)|Conversion |instrument refers to |rights(xix, |
|instrument | | |period(xviii)|Â |xx) |
| | | | | |Â |
+-------------+---------+----------+-------------+-------------------------+-------+------+
| | | | | Â |Nominal|Delta |
| Â | Â | Â | Â | Â +-------+------+
| | | | | | Â | Â |
+-------------+---------+----------+-------------+-------------------------+-------+------+
+-----------------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+----------------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+----------------------------------------------------+
|9,709,084 |4.59% |
+------------------------------------+----------------------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi) |
+------------------------------------------------------------------------------+
| Â |
|Prudential plc (parent Company) |
|The Prudential Assurance Company Limited (wholly owned subsidiary of |
|Prudential plc) |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|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: | |
+-----------------------------------------------+------------------------------+
+-----------------------------+------------------------------------------------+
| | |
|13. Additional information: |This disclosure now gives our position under |
| |non-exempt rules where disclosure is required |
| |from a 3% level as our exempt holdings have |
| |dropped below 5%. |
| |Â |
+-----------------------------+------------------------------------------------+
|14. Contact name: |James Todd / Mark Thomas |
| |M&G Investment Management Limited |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7548 2293 / 020 7548 3266 |
+-----------------------------+------------------------------------------------+
+--------------------------------+-----------+-----------------+
| PRUDENTIAL PLC | Â | Â |
+--------------------------------+-----------+-----------------+
| Registered Holder | Holding | % Voting Rights |
+--------------------------------+-----------+-----------------+
| PRUCLT HSBC GIS NOM(UK) PAC AC | 9,572,889 | Â |
+--------------------------------+-----------+-----------------+
| PRUCLT HSBC GIS NOM(UK) PPL AC | 136,195 | Â |
+--------------------------------+-----------+-----------------+
| Total | 9,709,084 | 4.59 |
+--------------------------------+-----------+-----------------+
| Â | Â | Â |
+--------------------------------+-----------+-----------------+
| Â | Â | Â |
+--------------------------------+-----------+-----------------+
| THE PRUDENTIAL ASSURANCE COMPANY LIMITED | Â |
+--------------------------------+-----------+-----------------+
| Registered Holder | Holding | % Voting Rights |
+--------------------------------+-----------+-----------------+
| PRUCLT HSBC GIS NOM(UK) PAC AC | 9,572,889 | Â |
+--------------------------------+ +-----------------+
| PRUCLT HSBC GIS NOM(UK) PPL AC 136,195 Â |
+--------------------------------+-----------+-----------------+
| Total | 9,709,084 | 4.59 |
+--------------------------------+-----------+-----------------+
| Â | Â | Â |
+--------------------------------+-----------+-----------------+
Percentage holdings are calculated using 211,341,566 Total Voting Rights
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#1569252]
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