Holding(s) in Company

RNS Number:9882Q
Teesland Plc
08 February 2007


TR-1:     NOTIFICATION OF MAJOR INTERESTS IN SHARES 

1. Identity of the issuer or the underlying issuer of existing                 Teesland plc
shares to which voting rights are attached:

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 (please specify):___________________________________________

3. Full name of person(s) subject to the notification             Lehman Brothers International (Europe)
obligation:

4. Full name of shareholder(s) (if different from 3.):                             N/A

5. Date of the transaction (and date on which the threshold is                   29-01-07
crossed or reached if different):

6. Date on which issuer notified:                                                31-01-07

7. Threshold(s) that is/are crossed or reached:                                     3%

8. Notified details:


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

GB0031695223      7,011,701   7,011,701   N/A           N/A          N/A          Below 3 %    N/A

B: Financial Instruments

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


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

N/A                                                Below 3%


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


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:                                                      Tara O'Hagan

15. Contact telephone number:                                       [phone]


            A:  Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal                           Teesland Plc
entities)

Contact address                                                     Forsyth House
                                                                  93 George Street
                                                                      Edinburgh
                                                                       EH2 3ES

Phone number                                                     [phone]

Other useful information (at least legal
representative for legal persons)



B:  Identity of the notifier, if applicable

Full name                                              Lehman Brothers International (Europe)

Contact address                                                    25 Bank Street
                                                                   London E14 5LE

Phone number                                                     [phone]

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


C: Additional information

N/A




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END

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