RNS Number : 1142V
  Cyan Holdings Plc
  22 May 2008
   

    
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:                                            Cyan Holdings plc  
 2. Reason for the notification   (please tick the appropriate box or
 boxes)
 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): Change to the number of total voting rights.         X
 3. Full name of person(s) subject to the                      Allianz SE
 notification obligation:
 4. Full name of shareholder(s) (if different           Allianz Insurance plc  
 from 3.):
 5. Date of the transaction (and date on which               20 May 2008  
 the threshold is crossed or reached if
 different):
 6. Date on which issuer notified:                           22 May 2008  
 7. Threshold(s) that is/are crossed or reached:                   3% 
 8. Notified details:





 A: Voting rights attached to shares
 Class/type of shares   Situation previous to the Triggering        Resulting situation after the triggering transaction
  if possible using     transaction
 the ISIN CODE
                        Number of Shares      Number of Voting      Number of shares   Number of voting      % of voting
                                              Rights i                                 rights                rights
                                                                    Direct             Direct    Indirect    Direct  Indirect
                                                                                                                        
 GB00B0P66Q02           4,477,295             4,477,295              4,477,295
                                                                                       4,477,                2.988%
                                                                                       295

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

 Total (A+B)
 Number of voting rights  % of voting rights
   4,477,295                2.988%






 9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable :
 Allianz SE is the ultimate holding company of Allianz Insurance plc. Dresdner
 Kleinwort Group Limited is a subsidiary of Dresdner Bank, AG ("Dresdner").
 Dresdner is a direct subsidiary of Allianz Finanzbetreiligungs GmbH ("Allianz
 Finanz"), which is itself a direct subsidiary of Allianz SE.

 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:    Recalculation of the interest based on Cyan
                                Holdings Plc's new total voting rights of
                                149,826,314 
 14. Contact name:                 Andrew Lee, Finance Director
 15. Contact telephone number:     +44 (0) 1954 234 400

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

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