Holding(s) in Company

Xaar PLC
26 November 2007



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:                        Xaar PLC


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

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) :                                                   (  )


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

Newton Investment Management Limited


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):

23/11/07

6. Date on which issuer notified:

26/11/07     

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

Decrease from 6.41% to 5.59%

8. Notified Details:

Sale of 513,168

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 
Ordinary Shares
ISIN GB0001570810        4,020,079                   6.41%



 

                            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           Direct     Indirect        Direct    Indirect  

Ordinary Shares        N/A              N/A         3,506,911      N/A        5.59%
ISIN GB0001570810 

 

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)                           

 

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

3,506,911                     5.59%
 

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

Newton Investment Management Limited hold these shares as a discretionary 
Investment Manager.
 


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:

Asif S Lalani 
 

15. Contact telephone number:

[phone]






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