RNS Number:6688J
CODA plc
11 December 2007


TR-1:               notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing                   CODA plc
shares to which voting rights are attached:
2. Reason for the notification     (please tick the appropriate box or boxes)
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): Initial notification under Transparency Directive
3. Full name of person(s) subject to the notification                              HBOS plc
obligation:
4. Full name of shareholder(s) (if different from 3.):                      See Section 9.
5. Date of the transaction (and date on which the threshold is               7 December 2007
crossed or reached if different):
6. Date on which issuer notified:                                            10 December 2007
7. Threshold(s) that is/are crossed or reached:                             Decrease below 6%
8. Notified details:










A: Voting rights attached to shares
Class/type of     Situation previous to    Resulting situation after the triggering transaction
shares            the Triggering
                  transaction
 if possible      Number of   Number of    Number of    Number of voting rights   % of voting rights
using the ISIN    Shares      Voting       shares
CODE                          Rights       Direct       Direct       Indirect     Direct     Indirect


Ord 25p Shares    5,346,934   5,346,934    111,005      111,005      4,289,560    0.144%     5.573%

ISIN

GB00B18FC419


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.


N/A


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


4,400,565                                          5.717%












9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:
Insight Investment Management (Global) Limited* ('IMGL') (Indirect) - 4,397,560 (5.713%)

IIMGL manages holdings on behalf of other HBOS Group companies, and other third parties external to the HBOS Group,
under various discretionary management agreements.

 (* - wholly owned subsidiaries of HBOS plc.)


Proxy Voting:
10. Name of the 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:                        Notification using the total voting rights figure of

                                                                        76,973,727


14. Contact name:                                 Dave Belmont
15. Contact telephone number:                     01423 509 999




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

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