PNX Phoenix It

RNS Number:7613M
Phoenix IT Group PLC
29 January 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):


Phoenix IT Group plc



2. Reason for the notification (please state 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 notification obligation (iii):



Aberforth Partners LLP



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


Shareholder                                                           No. of
                                                                               Shares
1.       Aberforth Smaller Companies Trust plc                                    3,848,369
2.       Aberforth UK Small Companies Fund                                        2,920,498
3.       The Church Commisioners for England                                        659,543
4.       Aberforth Geared Capital & Income Trust plc                                644,773

1, 2, 4 = registered in the name of Nortrust Nominees Ltd A/c Aberforth

        3 = The Church Commissioners for England (Chase GIS) Nominees Ltd





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



23/01/2008



6. Date on which issuer notified:



       24/01/2008




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



10%





8. Notified details:

(  )






A: Voting rights attached to shares


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

GB00B0315W65                      6,196,046                          6,196,046





Resulting situation after the triggering transaction (vii)


Class/type of shares if       Number of shares      Number of voting rights (ix)  % of voting rights
possible using the ISIN CODE
                                                    Direct (x)    Indirect (xi)   Direct      Indirect

GB00B0315W65                  8,073,183             N/A           8,073,183       N/A         10.83%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


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


N/A             N/A                   N/A                       N/A                         N/A



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

8,073,183                      10.83%



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



Held by Aberforth Partners LLP


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:



N/A



14. Contact name:



Pauline Robson, Aberforth Partners LLP



15. Contact telephone number:



0131 220 0733



Phone number:

(  )



Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

(  )



C: Additional information:

(  )






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