Holding(s) in Company

RNS Number:5074R
Allianz Dresdr 2 Endw Policy TstPLC
19 February 2007


TR-1(i):               NOTIFICATION OF MAJOR INTERESTS IN SHARES 


1. Identity of the issuer or the underlying issuer of existing    Allianz Dresdner Second Endowment Policy
shares to which voting rights are attached(ii):                                  Trust Plc

2. Reason for the notification (please tick the appropriate box or boxes):

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: Existing Positions requiring disclosure under the new Disclosure and Transparency           x
Rules.

3. Full name of person(s) subject to the notification                         Deutsche Bank AG
obligation(iii):

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

5. Date of the transaction and date on which the threshold is                       n/a
crossed or reached(v):

6. Date on which issuer notified:                                                 16/02/07

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





8. Notified details:


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

 GB0004939905     n/a       n/a        1,825,000     1,825,000   125,000       9.24%             0.63%
                 


B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.



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

1,950,000                                              9.87%








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










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:          Please note that this is the first disclosure made on behalf of
                                               Deutsche Bank AG and its subsidiary companies in relation to
                                              holdings in Allianz Dresdner Second Endowment Policy Trust Plc
                                               since the implementation of the Disclosure and Transparency
                                                                     Rules in the UK.

14. Contact name:                                                      Peter Ingram

15. Contact telephone number:                                         020 7065 1467



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