Holding(s) in Company

Smith (DS) PLC 15 November 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): DS Smith 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) : Initial notification as per regulatory requirement ( ) 3. Full name of person(s) subject to the notification obligation (iii): AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 12/11/2007 6. Date on which issuer notified: 15/11/2007 7. Threshold(s) that is/are crossed or reached: 13% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering the ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii) 0822011 50,837,144 50,837,144 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting rights % of voting possible using the ISIN shares (ix) rights CODE Direct Direct (x) Indirect (xi) Direct Indirect 0822011 4,244,772 4,244,772 46,929,572 1.08 11.93 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) Total (A+B) Number of voting rights % of voting rights 51,174,344 13.01% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): See attached schedule. Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Terry Marsh 15. Contact telephone number: 020 7003 2637 Identity of the notifier, if applicable (xvii) Full name: Carolyn Cattermole Contact address: DS Smith Plc, 4-16 Artillery Row, London SW1P 1RZ Phone number: 020 7932 5030 SCHEDULE 9. Chain Name of Company/Fund Number of Shares % of issued share capital AXA Sun Life plc 610,386 0.15517 AXA Rosenberg Direct Sun Life Assurance Society Plc 536,614 0.13642 AXA Rosenberg Direct AXA Financial, Inc 33,434,761 8.49988 Indirect AXA Rosenberg 13,494,811 3.43069 Indirect Sun Life Pensions Management Ltd 16,500 0.00419 Direct Sun Life Pensions Management Ltd 157,000 0.03991 Direct AXA Sun Life ABL High Alpha Life 341,900 0.08692 Direct AXA Sun Life FTSE All Share Tracker Life 70,721 0.01798 Direct AXA Sun Life ABL High Apha Pension 1,648,800 0.41916 Direct AXA Sun Life FTSE All Share Tracker Pension 329,624 0.08380 Direct AXA Winterthur 102,600 0.02608 Direct AXA Sun Life plc With Profit Transition Fund 265,504 0.06750 Direct Sun Life Assurance Society plc With Profit Transition Fund 165,123 0.04198 Direct Total Direct 4,244,772 1.07912 Total Indirect 46,929,572 11.93056 TOTAL 51,174,344 13.00968 This information is provided by RNS The company news service from the London Stock Exchange ELFFDFBBFBX

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Smith (DS) (SMDS)
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