FPT Forth Ports

RNS Number:2528N
Forth Ports PLC
04 February 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):
FORTH PORTS PLC.................

2. Reason for the notification (please place an X inside the appropriate bracket
/s):

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) : ( )
.................

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

4. Full name of shareholder(s) (if different from 3.) (iv):
Al Holdings Europe No 2 Limited.................

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
31 January 2008.................

6. Date on which issuer notified:
4 February 2008.................

7. Threshold(s) that is/are crossed or reached:
20% (please see section 13 for additional information).................

8. Notified details:
.................

A: Voting rights attached to shares

Class/type of shares if  Situation previous to the Triggering transaction (vi)
possible using the ISIN
CODE
GB0003473104             Number of shares    Number of voting Rights (viii)

                         9,334,416           9,334,416

Resulting situation after the triggering transaction (vii)

Class/type of shares if         Number of   Number of voting     % of voting
possible using the ISIN CODE    shares      rights (ix)          rights
                                Direct      Direct   Indirect    Direct Indirect
                                            (x)      (xi)
                                9,129,051                        0      19.9%
                                            0        9,129,051

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

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

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

9,129,051                                    19.9%

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

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:

This notification is made to reflect the sale of 368,365 shares (or
approximately 0.8% of the voting rights) by Al Holdings Europe No 2 Limited
(controlled by Babcock & Brown Limited), 163,000 of which (or approximately
0.36% of the voting rights) were sold to Cayman Resources (49) Limited (also
controlled by Babcock & Brown Limited). As a result of the sale, the indirect
holding of Babcock & Brown Limited has decreased from 9,334,416 to 9,129,051
shares (or from approximately 20.4% to 19.9% of the voting rights), all of which
are held by Cayman Resources (49) Limited..................

14. Contact name:

Anthony Kennaway.................

15. Contact telephone number:
0207 7203 7232.................



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

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