RNS Number:1210T
Metalrax Group PLC
16 March 2007



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.  Identity of the issuer or the underlying issuer of existing shares to
    which voting rights are attached
    METALRAX GROUP PLC

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 (specify):                                                  ( )

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

    25 Avenue Matignon, 75008 Paris and its group companies

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

5.  Date of the transaction (and date on which the threshold is crossed
    or reached if different):
    2 March 2007

6.  Date on which issuer notified:
    7 March 2007 (notification received by Issuer on 16 March 2007)

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


8.  Notified details:



A. Voting rights attached to shares

Class/type of shares (if possible using the ISIN code)  Ordinary (GB0005838247)


Situation previous to     Resulting situation after the triggering transaction
   the triggering
     transaction
Number of   Number of   Number of    Number of voting       % of voting rights
Shares      Voting      shares       rights
            Rights
                        Direct       Direct    Indirect     Direct    Indirect
                        221,412      221,412   6,355,724    0.18%     5.30%

B. Financial Instruments


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


Total (A+B)
Number of voting rights              % of voting rights
6,577,136                            5.49%

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

    AXA UK Investment Co ICVC UK Smaller Companies           392,924 (0.328%)
    Fund (indirect)
    Sun Life International (IOM) Limited (direct)           5,000 (0.004)
    Sun Life Pensions Management Ltd (direct)               75,000 (0.063%)
    Sun Life Pensions Management Ltd (direct)               14,500 (0.012%)
    Sun Life Unit Assurance Ltd FTSE All Share              27,940 (0.023%)
    Tracker (direct)
    Sun Life Pensions Management FTSE All Share             98,972 (0.083%)
    Tracker (direct)
    AXA Framlington Monthly Income (indirect)               5,847,300 (4.877%)
    Framlington onshore private clients                     115,500 (0.096%)


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:

14:  Contact name:                 Terry Marsh

15.  Contact telephone number:     020 7003 2637







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

END
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