TR -1i NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attachedii:
Pace plc
2. Reason for the notification: (please state Yes/No): ( )
An acquisition or disposal of voting rightsYes
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 the notification obligationiii :
Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.)iv:
+---------------------------+-----------------------+----------+---------------+
| |Registered Holding |Holding |% Voting Rights|
+---------------------------+-----------------------+----------+---------------+
|Prudential plc |PRUCLT HSBC GIS NOM |2,353,750 | |
| |(UK) PPL AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMS LTD A/C | 663,700 | |
| |PUQ01 | | |
+---------------------------+-----------------------+----------+---------------+
| |PRUCLT GIS NOM(UK) PACE|2,504,900 | |
| |AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD |14,651,398| |
| |A/C MKK01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 565,755 | |
| |A/C MKM01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 67,568 | |
| |A/C MHF01 | | |
+---------------------------+-----------------------+----------+---------------+
| |TOTAL |20,807,071| 6.85 |
+---------------------------+-----------------------+----------+---------------+
|M&G Group Limited |PRUCLT HSBC GIS NOM |2,353,750 | |
| |(UK) PPL AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMS LTD A/C | 663,700 | |
| |PUQ01 | | |
+---------------------------+-----------------------+----------+---------------+
| |PRUCLT GIS NOM(UK) PACE|2,504,900 | |
| |AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD |14,651,398| |
| |A/C MKK01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 565,755 | |
| |A/C MKM01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 67,568 | |
| |A/C MHF01 | | |
+---------------------------+-----------------------+----------+---------------+
| |TOTAL |20,807,071| 6.85 |
+---------------------------+-----------------------+----------+---------------+
|M&GInvestment Management |PRUCLT HSBC GIS NOM |2,353,750 | |
|Limited |(UK) PPL AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMS LTD A/C | 663,700 | |
| |PUQ01 | | |
+---------------------------+-----------------------+----------+---------------+
| |PRUCLT GIS NOM(UK) PACE|2,504,900 | |
| |AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD |14,651,398| |
| |A/C MKK01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 565,755 | |
| |A/C MKM01 | | |
+---------------------------+-----------------------+----------+---------------+
| |TOTAL |20,739,503| 6.83 |
+---------------------------+-----------------------+----------+---------------+
|M&G Limited |PRUCLT HSBC GIS NOM |2,353,750 | |
| |(UK) PPL AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMS LTD A/C | 663,700 | |
| |PUQ01 | | |
+---------------------------+-----------------------+----------+---------------+
| |PRUCLT GIS NOM(UK) PACE|2,504,900 | |
| |AC | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD |14,651,398| |
| |A/C MKK01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 565,755 | |
| |A/C MKM01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 67,568 | |
| |A/C MHF01 | | |
+---------------------------+-----------------------+----------+---------------+
| |TOTAL |20,807,071| 6.85 |
+---------------------------+-----------------------+----------+---------------+
|M&G Securities Limited |NORTRUST NOMINEE LTD |14,651,398| |
| |A/C MKK01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 565,755 | |
| |A/C MKM01 | | |
+---------------------------+-----------------------+----------+---------------+
| |NORTRUST NOMINEE LTD | 67,568 | |
| |A/C MHF01 | | |
+---------------------------+-----------------------+----------+---------------+
| |TOTAL |15,284,721| 5.03 |
+---------------------------+-----------------------+----------+---------------+
5. Date of the transaction and date on which the threshold is crossed or
reached:
22 January 2010
6. Date on which issuer notified:
25 January 2010
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
.................
A: Voting rights attached to shares
Class/type of shares Situation previous to the
If possible using Triggering transactionVI
the ISIN CODE Number of shares Number of voting Rights viii
GB0006672785 20,633,36720,633,367
ORD 0.05
Resulting situation after the triggering transaction vii
Number of Number of voting % of voting
Shares rights ix
Direct Direct x Indirect xi Direct Indirect
20,807,07120,807,0716.87
B: Financial Instruments
Resulting situation after the triggering transactionxii
Type of Expiration Exercise/ Number of voting rights that
may % of
financial Datexiii Conversion be acquired if the instrument
is voting
instrument Period/ Datexiv exercised/ converted.
rights
Total (A+B)
Number of voting rights % of voting rights
20,807,071 6.87
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicablexv:
Prudential plc (parent company)
M&G Group Limited (wholly owned subsidiary of Prudential plc)
M&G Limted (wholly owned subsidiary of M&G Group Limited)
M&G Investement 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 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:
M&G Securities Limited (wholly owned subsidiary of M&G Limited) has moved above
a 5% notifiable interest triggering this notification.
14. Contact name:
Dawn Edward
15. Contact telephone number:
01274 538201
END
[HUG#1377858]