Holding(s) in Company

Allergy Therapeutics PLC
29 January 2008




TR-1:          NOTIFICATION OF MAJOR INTERESTS IN SHARES


(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Allergy Therapeutics PLC 


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 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 the notification obligation:

Fidelity International Limited (FIL)
 

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

See schedule below
 

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

24 January 2008
 

6. Date on which issuer notified:

28 January 2008
 

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

12%
 

8. Notified details:

A: Voting rights attached to shares
 
Class/type of shares            Situation previous to  
if possible using the           the Triggering         
ISIN CODE                       transaction        

                       Number of shares       Number of voting Rights 

    ISIN
GB00B02LCQ05           8,844,394              8,844,394
 




Resulting situation after the triggering transaction 
 
Class/type of shares   Number of shares  Number of voting rights    % of voting rights  
if possible using                                                                 
the ISIN CODE                                                                         
                       Direct            Direct     Indirect        Direct    Indirect  

    ISIN
GB00B02LCQ05                                        10,624,594                12.96%
 





B: Financial Instruments

Resulting situation after the triggering transaction 

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting     
financial                    Period/ Date        rights that may be   rights          
instrument                                       acquired if the                      
                                                 instrument is                        
                                                 exercised/                           
                                                 converted.                           



 

Total (A+B)

Number of voting rights       % of voting rights 

10,624,594                    12.96%


 

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


See schedule below 





Proxy Voting:

 
10. Name of the proxy holder:

Fidelity International Limited (FIL)
 

11. Number of voting rights proxy holder will cease to hold:

1,780,200
 

12. Date on which proxy holder will cease to hold voting rights:

24 January 2008
 

13. Additional information:



 

14. Contact name:

Fabio Correia
 

15. Contact:

[e-mail]






FIL

Issuer name:                        ALLERGY THERAPEUTICS PLC

Current ownership percentage:       12.96%

Total shares held:                  10,624,594

Issued share capital:               81,950,632



                                                         SHARES HELD               NOMINEE               MANAGEMENT
                                                                                                          COMPANY

Fidelity International Limited                            145,000          BANK OF NEW YORK BRUSSELS        FPM
(FIL) is the parent holding                               237,533          BROWN BROS HARRIMN LTD LUX       FIL
company for various direct and                            831,000          JP MORGAN, BOURNEMOUTH           FII
indirect subsidiaries, including                          784,879          JP MORGAN, BOURNEMOUTH           FIL
Fidelity Fund Management Limited                        7,337,398          JP MORGAN, BOURNEMOUTH           FISL
(FFML), Fidelity Investment                               640,100          JP MORGAN, BOURNEMOUTH           FPM
Services Limited (FISL), Fidelity                         612,700          NORTHERN TRUST LONDON            FPM
Gestion (FIGEST), Fidelity                                 35,984          STATE STR BK AND TR CO LNDN (S   FPM
Investments Advisory (Korea) Limited
(FIAKL), Fidelity Investments 
Management (Hong Kong) Limited (FIMHK),
Fidelity Pension Management (FPM), 
Fidelity Investments Japan (FIJ) and
Fidelity Investments International 
(FII), Investment managers for various
non-US investment companies and 
institutional clients.




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