RNS Number : 2049K
  TV Commerce Holdings PLC
  16 December 2008
   
    TV COMMERCE HOLDINGS PLC
    HOLDING(S) IN COMPANY
  
 TR-1: Notifications of Major Interests in Shares


 1. Identity of the issuer or the underlying issuer    TV Commerce Holdings Plc
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)
                                                                             Yes
 An acquisition or disposal of voting rights

 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)       Allianz SE
 subject to notification
 obligation:

 4. Full name of shareholder(s)  Allianz Global Investors AG
 (if different from 3):          Allianz Insurance plc


 5. Date of transaction (and     15 December 2008
 date on which the threshold is
 crossed or reached if
 different):

 6. Date on which issuer         16 December 2008
 notified:

 7. Threshold(s) that is/are     4%
 crossed or reached:




 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares       Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN code  transaction
                            Number of shares      Number of voting      Number of shares  Number of voting rights  Percentage of voting
                                                  rights                                                           rights

                                                                                          Direct      Indirect     Direct          Indirect
 Ordinary Shares                                                        58,333,333        58,333,333               4.41%
 GB00B05MCJ34

 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)
 N/A

 Total (A+B)

 Number of voting rights  Percentage of voting rights
 58,333,333               4.41%

 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
 Allianz Global Investors AG is a wholly-owned subsidiary of Allianz SE.  


 Allianz Insurance plc is a subsidiary of Allianz SE. Allianz SE is the
 ultimate holding company of Allianz Holdings plc which is a holding company
 of Allianz Insurance Plc. The shares in Allianz Holdings Plc are held by
 Allianz UK Limited, which is a 66.7% owned subsidiary of Allianz Europe
 Limited ("Allianz Europe"). The other 33.3% of shares in Allianz UK Limited
 are owned by Allianz Liebensversicherungs GmbH, which is itself an indirect
 subsidiary of Allianz SE. Allianz Europe is an 85% owned subsidiary of
 AZ-Argos 10 Vermogensverwaltungsgesellschaft GmbH which in its turn is a
 wholly owned subsidiary of Allianz SE. Allianz SE is also the owner of the
 other 15% of Allianz Europe.

 Proxy Voting:

 10. Name of 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 disclosure is based upon Allianz UK
                                participation in the recent placing of
                                58,333,333 shares admitted to trading on 15
                                December 2008.
 14 Contact name:               Dresdner Kleinwort Media Relations Team

 15. Contact telephone number:  020 7623 8000



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