Holding(s) in Company

Cranswick PLC
29 March 2007


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:

CRANSWICK PLC


2. Reason for the notification (please state Yes/No): (   )

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:

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme.  See 
Section 9 for further information.
 

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

N/A
 

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

27 March 2007
 

6. Date on which issuer notified:

28 March 2007
 

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

4%
 

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 

Ord GBP 10             1,818,183              1,818,183

GB0002318888


                     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  

                     808,087           808,087    1,060,996       1.776%    2.331%
 

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 

1,869,083                     4.107%
 

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

BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund
Trustees Limited, which is the parent undertaking of Hermes Pensions Management
Limited.  Hermes Pensions Management Limited is the parent undertaking of Hermes
Assured Limited Hermes Equity Ownership Services Limited.

1. Hermes Equity Ownership Services Limited (voting rights held in this issuer: 0.283%)
2. Hermes Investment Management Limited (voting rights held in this issuer: 3.824%)
3. Hermes Assured Limited (included with number 2)

Please see Section 13 for further information.
 


Proxy Voting:

 
10. Name of the proxy holder:

See Comment in Section 13.
 

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

See Comment in Section 13.
 

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

See Comment in Section 13.
 

13. Additional information:

Hermes Equity Ownership Services Limited holds the voting rights under a
standing proxy contained in a services agreement for the provision of corporate
governance services to various underlying clients.

Hermes Investment Management Limited hold the voting rights under a standing
proxy contained in investment management agreements with various underlying
clients, which includes all the shares owned directly by BT Pension Scheme.

This disclosure is made by BT Pension Scheme Trustees Limited, which is the
ultimate parent undertaking for the purposes of DTR 5.2.1(e).
 

14. Contact name:

Valerie Davidson / Margaret Moss
 

15. Contact telephone number:

020 7680 2177 / 020 7680 2125


 
Annex Notification Of Major Interests In Shares 
 

A: Identity of the person or legal entity subject to the notification obligation
 

Full name (including legal form for legal entities):

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme and
Hermes Pensions Management Limited

Contact address (registered office for legal entities):

Lloyds Chambers, 1 Portsoken Street,
London E1 8HZ 

Phone number:

020 7702 0888 

Other useful information (at least legal representative for legal persons):

BT Pension Scheme Trustees Limited is the parent undertaking of the group of
companies subject to the notification obligation as indirect holders of voting
rights for the purpose of DTR 5.2.1(a) and 5.2.1(e) 

B: Identity of the notifier, if applicable

 

Full name:

Hermes Investment Management Limited as agent for BT Pension Scheme Trustees
Limited 

Contact address:

Lloyds Chambers, 1 Portsoken Street,
London E1 8HZ  

Phone number:

020 7680 2177 / 020 7680 2125 

Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

Hermes Investment Management Limited acts as investment manager and agent on
behalf of BT Pension Scheme Trustees Limited  

C: Additional information :

Please contact Valerie Davidson or Margaret Moss on the above number for further
information.

Copy to Company Secretary of Cranswick plc. Fax number: 01377 275 001


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