Notifiable Interest

Gleeson(M J)Group PLC
04 October 2007

M J Gleeson Group Plc ('the Company')





Notifiable Interest



Notification of major interests in shares - the following information has been
received by the Company.

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

M J Gleeson Group Plc

2. Reason for the notification

An acquisition or disposal of voting rights

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

North Atlantic Value LLP (as investment advisor/manager)

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

North Atlantic Smaller Companies Investment Trust PLC
North Atlantic Value LLP (as Investment manager/adviser to other fund management
clients)

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

1 & 2 & 3 October 2007

6. Date on which issuer notified:

3 October 2007

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

Total holding increased above 14% on 3 October 2007 but includes holding 1.
which increased through 5% on 1 October 2007.

















8. Notified details:

Nominee Holdings
Class/type of    Situation previous to  Resulting situation after the triggering transaction
shares           Triggering transaction

if possible      Number of   Number of  Number of   Number of voting       % of voting rights
using ISIN CODE  Shares      Voting     shares      rights
                             Rights     Direct      Direct     Indirect    Direct    Indirect


Ordinary shares

B01BNK2

Holder 1
                 2,500,000   2,500,000  2,651,693   2,651,693              5.11%
Holder 2
                 4,431,342   4,431,342  4,681,879   4,681,879              9.01%

                 (Under                                                    Total =
                 S.198 on 14                                               14.12%
                 /11/06)




B: Financial Instruments
Resulting situation after the triggering transaction


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


N/A              N/A                N/A                N/A                   N/A

Total (A+B)
Number of voting rights                           % of voting rights


7,333,572 shares                                  14.12%

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

N/A

10. Name of the 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:

Notification using the total voting rights figure of 51,939,113 shares

North Atlantic Value LLP is the investment manager/advisor in respect of the
full 14.12% holding as it is investment manager/adviser to holder 1 as well as
the other clients included in holder 2.

14. Contact name:

Jenny Hogg

15. Contact telephone number:

020 7747 5681



Enquiries:



M J Gleeson Group plc

Edwin Lawrie

Company Secretary



Tel: [phone]




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