Accident Exchange Holding(s) in Company

Date : 02/29/2008 @ 9:10AM
Source : UK Regulatory (RNS and others)
Stock : Accident Exchange (ACE)
Quote : 30.0  -2.75 (-8.40%) @ 11:35AM
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Accident Exchange Holding(s) in Company

RNS Number:0907P
Accident Exchange Group PLC
29 February 2008


Form TR-1 with annex. FSA Version 2.1 updated April 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|Accident Exchange Group Plc        |
|of existing shares to which voting rights are     |                                   |
|attached:                                         |                                   |
+--------------------------------------------------+-----------------------------------+
|                                                                                      |
|                                                                                      |
|2. Reason for notification (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                                                                 |            |
+-------------------------------------------------------------------------+------------+
|                                                                         |            |
|                                                                         |            |
|An event changing the breakdown of voting rights                         |            |
+-------------------------------------------------------------------------+------------+
|                                                                         |            |
|                                                                         |            |
|Other (please specify):______________                                    |            |
+------------------------------------------+------------------------------+------------+
|                                          |                                           |
|                                          |                                           |
|3. Full name of person(s) subject to      |Credit Suisse Securities (Europe) Limited  |
|notification obligation                   |                                           |
+------------------------------------------+-------------------------------------------+
|                                          |                                           |
|                                          |                                           |
|4. Full name of shareholder(s) (if        |                                           |
|different from 3):                        |                                           |
+------------------------------------------+-------------------------------------------+
|                                          |                                           |
|                                          |                                           |
|5. Date of transaction (and date on which |25.02.08                                   |
|the threshold is crossed or reached if    |                                           |
|different):                               |                                           |
+------------------------------------------+-------------------------------------------+
|                                          |                                           |
|                                          |                                           |
|6. Date on which issuer notified:         |27.02.08                                   |
+------------------------------------------+-------------------------------------------+
|                                          |                                           |
|                                          |                                           |
|7. Threshold(s) that is/are crossed or    |Below 3%                                   |
|reached:                                  |                                           |
+------------------------------------------+-------------------------------------------+
|                                                                                      |
|                                                                                      |
|8: Notified Details                                                                   |
+--------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                   |
|                                                                                      |
|                                                                                      |
+----------+-------------------+-------------------------------------------------------+
|Class/type|Situation previous |Resulting situation after the triggering transaction   |
|of shares |to the triggering  |                                                       |
|          |transaction        |                                                       |
|If        +---------+---------+---------+----------------------+----------------------+
|possible  |Number of|Number of|Number of|Number of voting      |Percentage of voting  |
|use ISIN  |shares   |voting   |shares   |rights                |rights                |
|code      |         |rights   |         +-----------+----------+-----------+----------+
|          |         |         |         |           |          |           |          |
|          |         |         |         |           |          |           |          |
|          |         |         |         |Direct     |Indirect  |Direct     |Indirect  |
+----------+---------+---------+---------+-----------+----------+-----------+----------+
|GB00B00LL325                                                                          |
|                                                                                      |
|n/a n/a Below 3% Below 3% Below 3%                                                    |
+--------------------------------------------------------------------------------------+
|                                                                                      |
+----------+---------+---------+---------+-+-------+-+----------+---------+-+----------+
+----------+---------+---------+---------+-+-------+-+----------+---------+-+----------+




+--------------------------------------------------------------------------------+
|B: Financial Instruments                                                        |
|                                                                                |
|                                                                                |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                            |
|                                                                                |
|                                                                                |
+---------------+---------------+---------------+----------------+---------------+
|Type of        |Expiration date|Exercise/      |No. of voting   |Percentage of  |
|financial      |               |conversion     |rights that may |voting rights  |
|instrument     |               |period/date    |be acquired (if |               |
|               |               |               |the instrument  |               |
|               |               |               |exercised/      |               |
|               |               |               |converted)      |               |
+---------------+---------------+---------------+----------------+---------------+
|               |               |               |                |               |
|               |               |               |                |               |
|               |               |               |                |               |
+---------------+---------------+---------------+----------------+---------------+



+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
|                                                                             |
|                                                                             |
+--------------------------------------+--------------------------------------+
|Number of voting rights               |Percentage of voting rights           |
+--------------------------------------+--------------------------------------+
|Below 3%                              |Below 3%                              |
+--------------------------------------+--------------------------------------+

+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and /or  |
|the financial instruments are effectively held, if applicable:               |
+-----------------------------------------------------------------------------+
|Credit Suisse Securities (Europe) Limited and Credit Suisse International are|
|a division of Credit Suisse ("CSIBD"), which is part of the Credit Suisse    |
|Group ("CSG"). CSIBD is a segregated business unit within CSG with an        |
|independent management structure and exercises its voting rights             |
|independently from other divisions of CSG                                    |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
|                                                                             |
|                                                                             |
+--------------------------------------+--------------------------------------+
|10. Name of 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:                      |Glenda Burford                        |
|                                      |                                      |
|                                      |                                      |
+--------------------------------------+--------------------------------------+
|15. Contact telephone name:           |+44 20 7888 3599                      |
|                                      |                                      |
|                                      |                                      |
+--------------------------------------+--------------------------------------+


For notes on how to complete form TR-1 please see the FSA website.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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