Holding(s) in Company

RNS Number:2024O
Allianz Dresdr 2 Endw Policy TstPLC
18 February 2008


TR-1(i):               Notification of major interests in shares


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


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


3. Full name of person(s) subject to the notification                       Lloyds TSB Group plc
obligation(iii):


4. Full name of shareholder(s) (if different from 3.)(iv):      Perry Nominees Ltd and Lloyds TSB Registrars
                                                                         Savings Nominees Limited


5. Date of the transaction and date on which the threshold is                15th February 2008
crossed or reached(v):


6. Date on which issuer notified:                                            18th February 2008


7. Threshold(s) that is/are crossed or reached:                               Fallen below 6%


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  x   Indirect xi  Direct       Indirect

GB0004939905          1,186,988        1,182,988                 1,182,988                 5.991%



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
                              
1,182,988                                    5.991%








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

3,030 Shares are held by Perry Nominees Ltd, a wholly owned subsidiary of Lloyds
TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

1,179,958 Shares are held by Lloyds TSB Registrars, a wholly owned subsidiary of
Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.


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:

14. Contact name:                                                   Peter Ingram

15. Contact telephone number:                                      020 7065 1467



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