Holding(s) in Company

Holding(s) in Company

Tate & Lyle PLC

16 DECEMBER 2008

TATE & LYLE PLC

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of Issuer

TATE & LYLE PLC

2. Reason for notification

A DISPOSAL OF VOTING RIGHTS

3. Full name of person(s) subject to the notification obligation

HARBERT FUND ADVISORS, INC, IN ITS CAPACITY AS INVESTMENT ADVISER TO (i) HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND (ii) HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.

4. Full name of the shareholder(s) (if different from 3 above)

HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.

5. Date of the Transaction (and date on which the threshold is crossed or reached if different)

16% THRESHOLD CROSSED ON 12 DECEMBER 2008

6. Date on which issuer notified

16 DECEMBER 2008

7. Threshold(s) that is /are crossed or reached

16.00%

8. Notified Details

(A) Voting Rights Attached to shares

Class/type of shares

ORDINARY 25p SHARES
(GB0008754136)(GB0008754136)

Situation previous to the Triggering transaction

Number of Shares: 77,667,106

Number of Voting Rights: 77,667,106

Resulting situation after the triggering transaction:

Number of Shares – 73,384,822

Number of Voting Rights (Direct) – NOT PROVIDED

Number of Voting Rights (Indirect) – 73,384,822

% of Voting Rights (Direct) – NOT PROVIDED

% of Voting Rights (Indirect) – 16.00% (BASED ON TOTAL VOTING RIGHTS OF 458,569,330)

(B) Financial Instruments

N/A

Total (A)+(B)

Total number of Voting Rights – 73,384,822

Total % of Voting Rights – 16.00%

9. Chain of controlled undertakings through which the voting rights and/or

the financial instruments are effectively held

HARBERT FUND ADVISORS, INC, SERVES AS INVESTMENT ADVISER TO (i) HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND (ii) HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. HARBERT FUND ADVISORS, INC. IS AN INDIRECT, WHOLLY-OWNED SUBSIDIARY OF HARBERT MANAGEMENT CORPORATION.

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. Any additional information

N/A

Contact name for enquiries:

ROBERT GIBBER
COMPANY SECRETARYCOMPANY SECRETARY
020 7626 6525020 7626 6525

16 DECEMBER 2008