Notifiable Interest

RNS Number:8287W
BBI Holdings PLC
17 May 2007

BBI Holdings PLC ("the Company")



Notifiable Interest



A form TR-1 containing the following information has been received by the
Company.

TR-1 notification of major interests in shares

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

BBI Holdings PLC

2. Reason for the notification

Issued capital change

3. Full name of person(s) subject to the notification obligation:

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme.  See
Section 9 for further information.

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

N/A

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

16 May 2007

6. Date on which issuer notified:

17 May 2007

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             Triggering
                   transaction           Notification required under DTR transitional provision 7
if possible using
ISIN CODE
                   Number of  Number of  Number of   Number of voting rights % of voting rights
                   Shares     Voting     shares
                              Rights

                                         Direct      Direct     Indirect     Direct     Indirect


B00M4S1            1,499,817  1,499,817  864,104     864,104    635,713      2.031%     1.494%

GB00B00M4S16

ORD 2.5p

B: Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration date     Exercise/           Number of voting       % of voting rights
instrument                            Conversion Period/  rights that may be
                                      Date                acquired if the
                                                          instrument is
                                                          exercised/ converted




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


1,499,817                                            3.525%



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

BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund
Trustees Limited, which is the parent undertaking of Hermes Pensions Management
Limited.  Hermes Pensions Management Limited is the parent undertaking of:

1. Hermes Investment Management Limited (voting rights held in this issuer:
5.609%)

Please see Section 13 for further information.

10. Name of the Proxy holder:

See Comment in Section 13.

11. Number of voting rights proxy holder will cease to hold:

See Comment in Section 13.

12. Date on which proxy holder will cease to hold voting rights:

See Comment in Section 13.

13. Additional information:

Hermes Investment Management Limited hold the voting rights under a standing
proxy contained in investment management agreements with various underlying
clients, which includes all the shares owned directly by BT Pension Scheme.

All voting rights held on behalf of the above entities are aggregated for the
purposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5.

This disclosure is made by BT Pension Scheme Trustees Limited, which is the
ultimate parent undertaking for the purposes of DTR 5.2.1(e).






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