RNS Number : 3382V
  Phoenix IT Group PLC
  27 May 2008
   


    TR-1Notification of a Major Interest in Shares

   1. Identity of the issuer or the    PHOENIX IT
    underlying issuer of existing
  shares to which voting rights are
               attached


                            2. Reason for Notification
     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)     AXA S.A, 25 Avenue Matignon, 75008 Paris and its
  subject to the notification                   group of companies
           obligation
 4. Full name of shareholder(s)
      if different from 3.
 5.Date of the transaction and                      20/05/2008
   date in which threshold is
            crossed
          or breached
     6.Date on which issuer                         21/05/2008
            notified
  7. Threshold(s) that is/are                          10 %.
      crossed or reached:
      8. Notified details:
                                                       Total


                                             A: Voting rights attached to shares
 Class or Type of shares  Situation Previous to the triggering        Resulting situation after the triggering transaction
                          transaction
                          Number of shares      Number of voting      Number of shares  Number of voting          % of voting
                                                rights                                  rights                         rights
                                                                      Direct            Direct   Indirect    Direct  Indirect
                                     7,579,443             7,579,443  122,109           122,109   7,068,208    0.16      9.43
 B0315W6


                                    B: Financial Instruments
 Resulting situation after triggering transaction
 Type of Financial Instrument  Expiration date  Exercise /            Number of voting      % of
                                                conversion period /   rights that may be    voti
                                                date                  acquired if the        ng
                                                                      instrument is         righ
                                                                      exercised /            ts
                                                                      converted


    Total A + B
 Number of Voting Rights  % of voting rights
        7,190,317               9.59%


    1 3.Additional Information:
 * Contact Name          Terry Marsh
 * Contact telephone     020 7003 2637
 number


    Annex to Notification of Major Interests in shares
    
                                                Identity of the notifier, if applicable
 Full name                               Terry Marsh
          Contact Address                7 Newgate Street, London EC1A 7NX, UK
             Phone Number                020 7003 2637
 Other Useful information                AXA IM UK is a 100% direct subsidiary of AXA
                                         IM S.A., which is in turn indirectly wholly
                                         owned by AXA S.A.

    Additional Information


 9.Chain

       Name of the Company / Fund    Number of Shares  % of issued share capital
  AXA UK Investment Co ICVC UK Smaller         95,914                    0.12790
                        Companies Fund
                              Indirect
                         AXA Rosenberg         46,000                    0.06134
                              Indirect
      Sun Life Pensions Management Ltd          1,098                    0.00146
                                Direct
  Sun Life Unit Assurance Ltd FTSE All          8,041                    0.01072
                         Share Tracker
                                Direct
 Sun Life Pensions Management FTSE All         40,351                    0.05381
                         Share Tracker
                                Direct
                       AXA Framlington        152,884                    0.20387
          Trustees for Roman Catholics
                              Indirect
                       AXA Framlington         85,126                    0.11352
          London Scottish Pension Fund
                              Indirect
            AXA Framlington                   541,475                    0.72207
   St James Place Exempt (Pens) Fund
               Indirect
                       AXA Framlington        549,032                    0.73214
        St James Place Net (Life) Fund
                              Indirect
                       AXA Framlington        123,679                    0.16493
          St James Place Offshore Fund
                              Indirect
      AXA Framlington Daimler Chrysler        166,638                    0.22221
                              Indirect
                       AXA Framlington        650,000                    0.86679
         Framlington Innovative Growth
                              Indirect
                       AXA Framlington      3,719,656                    4.96023
                         UK Select Ops
                              Indirect
                       AXA Framlington        455,944                    0.60801
                      Managed Balanced
                              Indirect
 AXA Framlington                              180,860                    0.24118
 BAE Systems Pensions Fund CIF
 Trustees Indirect

          AXA Framlington              71,000  0.09468
  BAE Systems 2000 Pensions Fund
             Indirect
                    AXA Winterthur     12,741  0.01699
                            Direct
 Axa Sun Life With Profits Passive     36,918  0.04923
              Direct
 Axa Sun Life With Profits Passive     22,960  0.03062
              Direct
          AXA Framlington             230,000  0.30671
         EDF Energy Group
             Indirect
 Total Direct Total Indirect         122,109   0.16283
                                    7,068,208  9.42559
                             TOTAL  7,190,317  9.58842

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