RNS Number:4427M
Metalrax Group PLC
24 January 2008



TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying       Metalrax Group PLC
issuer of existing shares to which voting rights  --------------------
are attached:
-------------------------------
2. Reason for notification (yes/no)
-------------------------------------------------
                                                                       ---------
An acquisition or disposal of voting rights                            Yes
------------------------------------------                             ---------
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          Legal & General Group Plc (L&G)
notification obligation:                          --------------------
-------------------------------
4. Full name of shareholder(s) (if different from n/a
3.):                                              --------------------
-------------------------------
5. Date of the transaction (and date on which the 16/01/08
threshold is crossed or reached if different):    --------------------
-------------------------------
6. Date on which issuer notified:                 17/01/08
-------------------------------                   --------------------
7. Threshold(s) that is/are crossed or reached:   Below 3%(L&G)
-------------------------------                   --------------------

8. Notified details:

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


Ord 5p     4,606,647   4,606,647   BELOW 3%



B: Financial Instruments


Resulting situation after the triggering transaction


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




Total (A+B)


Number of voting rights                      % of voting rights


BELOW 3%



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


Legal & General Group Plc (Direct and Indirect) (Group)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)

Legal & General Investment Management Limited (Indirect) (LGIM)

Legal & General Group Plc (Direct) (L&G) (BELOW 3% = LGAS, LGPL & PMC)

Legal & General Investment Management           Legal & General Insurance Holdings Limited
(Holdings) Limited (Direct) (LGIMHD)            (Direct) (LGIH)

Legal & General Assurance (Pensions Management) Legal & General Assurance Society Limited
Limited (PMC)                                   (LGAS & LGPL)

                                                Legal & General Pensions Limited (Direct)
                                                (LGPL)

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           Notification using the total voting rights figure of information:             
                         119,897,298

14. Contact name:        Helen Lewis (LGIM)


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

END
HOLGIGDBLSDGGIS

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