Holding(s) in Company

RNS Number : 4136N

Hammerson PLC

16 February 2009

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

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

Hammerson plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

Yes

An event changing the breakdown of voting rights

Other (please specify):______________

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

Morgan Stanley (Institutional Securities Group and Global Wealth Management)

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

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

12.02.2009

6. Date on which issuer notified:

16.02.2009

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

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary shares

GB0004065016

14,380,774

3,546,486

1.22%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
Total Return Swap	09/03/2009	-	7,337,090	2.53%

Total (A+B)

Number of voting rights

Percentage of voting rights

10,883,576

3.75%

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

Morgan Stanley and Co Incorporated 3,529,534 (1.22%)

Morgan Stanley Capital (Luxembourg) SA 16,952 (0.00%)

In addition is the following chain;

Chain

Morgan Stanley (2.53%) (7,337,090 voting rights) by virtue of being the sole shareholder of

MSREF Real Estate Advisor Inc. (2.53%) (7,337,090 voting rights) by virtue of being the soleshareholder of

MSREF VI Inc. (2.53%) (7,337,090 voting rights) by virtue of being the sole shareholder of

MSREF VI L.L.C. (2.53%) (7,337,090 voting rights) by virtue of being the sole shareholder of

MSREF VI International-GP L.L.C. as general partner of the series of real estate private equity funds that it manages ('MSREF VI') (2.53%) (7,337,090 voting rights) by virtue of being the shareholders of

Nelly Holdings Limited (2.53%) (7,337,090 voting rights)

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. Additional information:

14 Contact name:

Stuart Haydon

15. Contact telephone number: