Holding(s) in Company

Xaar PLC
12 July 2007


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:                                   Xaar PLC


2. Reason for notification 
(please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights:                               (  )

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:                          ( X )

Other (please specify) :                                                   (  )


3. Full name of person(s) subject to notification obligation:   Prudential plc
                                                                group of
                                                                companies 


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


5. Date of transaction (and date on which the threshold is crossed or reached 
if different):                                                  11 July 2007


6. Date on which issuer notified:                               12 July 2007


7. Threshold(s) that is/are crossed or reached:                 See item 13


8. Notified Details:

A: Voting rights attached to shares
 
Class/type of shares              Situation previous to  
if possible use                 the Triggering transaction                
ISIN CODE                       
                       Number of shares       Number of voting Rights 

GB0001570810           9,000,408              9,000,408               

 

                            Resulting situation after the triggering transaction 
 
Class/type of shares   Number of shares    Number of voting rights    % of voting rights  
if possible use                                                                 
ISIN CODE              Direct    Indirect  Direct     Indirect        Direct    Indirect  

                       9,000,408           9,000,408                  14.34%
 

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of     Expiration date  Exercise/conversion  No. of voting     % of voting     
financial                    period/date          rights that may   rights          
instrument                                        be acquired (if                       
                                                  the instrument                         
                                                  exercised/
                                                  converted)                           

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

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

9,000,408                     14.34%
 

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

Prudential plc (parent Company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

M&G Securities Limited (wholly owned subsidiary of M&G Limited)
 


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:      The change of total voting rights has triggered
                                 M&G Group Limited (wholly owned subsidiary of
                                 Prudential plc), M&G Limited (wholly owned 
                                 subsidiary of M&G Group Limited), and M&G 
                                 Investment Management Limited (wholly owned 
                                 subsidiary of M&G Limited to cross a 14% 
                                 threshold.
 

14. Contact name:                Emma Thompson


 

15. Contact telephone number:    020 7548 2293





Notifiable Position Report for XAAR ORD GBP0.10 as at 11 July 2007
 
Percentage holdings are calculated using an issued share capital of 62,748,517 
ORD GBP0.10 shares


                Registered Holder                               Holding          %

Prudential plc                                                9,300,408          14.34  Total Notifiable Interest

                BK OF NEW YORK (NOMS)LTD/636922                 220,000

                NORTRUST NOMINEES LTD A/C MHF01                  11,515

                NORTRUST NOMINEES LTD A/C MHJ01               2,408,334

                NORTRUST NOMINEES LTD A/C MKM01               2,545,558

                NORTRUST NOMS LTD A/C MEL01                     471,765

                NORTRUST NOMS LTD A/C PUQ01                   2,215,205

                PRUCLT HSBC GIS NOM(UK) PAC AC                  763,031

                PRUCLT HSBC GIS NOM(UK) PPL AC                  365,000


M&G Group Limited                                             8,780,408          13.99

                NORTRUST NOMINEE LTD A/C MHF01                   11,515

                NORTRUST NOMINEES LTD A/C MHJ01               2,408,334

                NORTRUST NOMINEES LTD A/C MKM01               2,545,558

                NORTRUST NOMS LTD A/C MEL01                     471,765

                NORTRUST NOMS LTD A/C PUQ01                   2,215,205

                PRUCLT HSBC GIS NOM(UK) PAC AC                  763,031

                PRUCLT HSBC GIS NOM(UK) PPL AC                  365,000


M&G Investment Management Limited                             8,768,893           13.97
 
                NORTRUST NOMINEES LTD A/C MHJ01               2,408,334

                NORTRUST NOMINEES LTD A/C MKM01               2,545,558

                NORTRUST NOMS LTD A/C MEL01                     471,765

                NORTRUST NOMS LTD A/C PUQ01                   2,215,205

                PRUCLT HSBC GIS NOM(UK) PAC AC                  763,031

                PRUCLT HSBC GIS NOM(UK) PPL AC                  365,000


M&G Limited                                                   8,780,408           13.99

                NORTRUST NOMINEE LTD A/C MHF01                   11,515

                NORTRUST NOMINEES LTD A/C MHJ01               2,408,334

                NORTRUST NOMINEES LTD A/C MKM01               2,545,558

                NORTRUST NOMS LTD A/C MEL01                     471,765

                NORTRUST NOMS LTD A/C PUQ01                   2,215,205

                PRUCLT HSBC GIS NOM(UK) PAC AC                  763,031

                PRUCLT HSBC GIS NOM(UK) PPL AC                  365,000


M&G Securities Limited                                        5,437,172            8.66

                NORTRUST NOMINEE LTD A/C MHF01                   11,515

                NORTRUST NOMINEES LTD A/C MHJ01               2,408,334

                NORTRUST NOMINEES LTD A/C MKM01               2,545,558

                NORTRUST NOMS LTD A/C MEL01                     471,765




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