NNG Newport Network

RNS Number:3917T
Newport Networks Group PLC
21 March 2007

                                                                    
                    
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

NEWPORT NETWORKS GROUP PLC

SEDOL B00ST62


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:                          (   )

Other (please specify) :  DTR TRANSITIONAL PROVISION 7                     ( X )


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

1  LANSDOWNE PARTNERS LIMITED BEING THE GENERAL PARTNER OF LANSDOWNE PARTNERS
   LIMITED PARTNERSHIP

2  LANSDOWNE UK EQUITY FUND LIMITED

3  LANSDOWNE PARTNERS INTERNATIONAL LIMITED
 

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

MORSTAN NOMINEES LTD 
(REGISTERED SHAREHOLDER)
 

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

N/A
 

6. Date on which issuer notified:

N/A
 

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

9%
 

8. Notified details:


 


A: Voting rights attached to shares

 
Class/type of shares            Situation previous to  
if possible using the           the Triggering         
ISIN CODE                       transaction        
                       Number of shares       Number of voting Rights 
ORDINARY
SHARES                  16,519,638               16,519,638


 

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

ORDINARY 
SHARES               0                  0          16,519,638      0.0%     9.92%

 

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting     
financial                    Period/ Date        rights that may be   rights          
instrument                                       acquired if the                      
                                                 instrument is                        
                                                 exercised/                           
                                                 converted.                           

 

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

16,519,638                    9.92%

 

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


LANSDOWNE PARTNERS INTERNATIONAL LIMITED IS THE PARENT UNDERTAKING OF LANSDOWNE 
PARTNERS LIMITED 


Proxy Voting:

 
10. Name of the proxy holder:

LANSDOWNE PARTNERS LIMITED
 

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:

1  LANSDOWNE PARTNERS LIMITED BEING THE GENERAL PARTNER OF LANSDOWNE PARTNERS
   LIMITED PARTNERSHIP ("LPLP") CONTROLS 16,519,638 VOTING RIGHTS REPRESENTING
   9.92%

2  LANSDOWNE UK EQUITY FUND LIMITED OWNS 15,684,988 VOTING RIGHTS REPRESENTING
   9.42%

THE BALANCING 0.50% OF SHARES IS HELD ON BEHALF OF OTHER CLIENT FUNDS MANAGED BY 
LPLP


 

14. Contact name:

LOIS MOLLOY
 

15. Contact telephone number:


+44 20 7290 5505

 

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

END

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