Colefax Group PLC 


28 May 2008 


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):

Colefax Group PLC Ord 10p


2. Reason for the notification (please state Yes/No): 

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: ( YES )

Other (please specify) : ( )


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

Schroders plc


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):

22.05.08


6. Date on which issuer notified:

23.05.08 


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

13% to 14%


8. Notified details:

A: Voting rights attached to shares
 
Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)		   
							Number of shares	Number of voting Rights (viii)
	   
					GB0002090453	2,144,927		2,144,927	 

Resulting situation after the triggering transaction (vii)
 
Class/type of shares if possible using the ISIN CODE	Number of shares 	Number of voting rights (ix)		% of voting rights		   
							Direct			Direct (x)	Indirect (xi)		Direct	Indirect	   
					GB0002090453	N/A			N/A		2,144,927		N/A	14.434%	 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)
 
Type of financial	Expiration		Exercise/Conversion	Number of voting rights that may be acquired	% of voting rights
instrument		Date (xiii)		Period/ Date (xiv)	if the instrument is exercised/converted
			


	 
Total (A+B)
 
Number of voting rights	% of voting rights	   
	2,144,927	14.434%	 



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

Schroder Investment Management Limited 2,144,927 14.434%

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:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.


14. Contact name:

Rob Barker


15. Contact telephone number:

020 7318 6007


END