Holding(s) in Company

Renold PLC
15 May 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

RENOLD plc

2. Reason for the notification (please state 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: (NO)

An event changing the breakdown of voting rights: (NO)

Other (please specify) : (NO)

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

STEEL PARTNERS II LP

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

VIDACOS NOMINEES LIMITED A/C 2303: 4,452,277

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

14 MAY 2007

6. Date on which issuer notified:

15 MAY 2007

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

7%

8. Notified details:

A: Voting rights attached to shares

Situation previous to the Triggering transaction (vi)

Class/type of shares if possible using   Number of     Number of voting Rights
the ISIN CODE                            shares        (viii)

GB0007325078                             6,072,527      6,072,527


Resulting situation after the triggering transaction (vii)

Class/type of shares if     Number of   Number of voting     % of voting
possible using the ISIN     shares      rights (ix)          rights
CODE
                            Direct      Direct (x)  Indirect Direct   Indirect
                                                    (xi)
GB0007325078                4,452,277   4,452,277              6.39%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

Total (A+B)

Number of voting rights                      % of voting rights
4,452,277                                    6.39%

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

Proxy Voting:

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:


14. Contact name:

KEITH DRACUP, RENOLD PLC

15. Contact telephone number:

0161 498 4521



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