Holding(s) in Company

RNS Number:5568T
Cobra Bio-Manufacturing PLC
22 March 2007



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:

Cobra Biomanufacturing Plc

2. Reason for the notification (please place an X inside the appropriate bracket
/s):

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) :                                                 (X)
Transitional disclosure required following implementation of DTR rules

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

New Star Asset Management Limited

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):

N/A

6. Date on which issuer notified:

21 March 2007

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

Over 5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                             transaction
                                          Number of       Number of voting
                                          shares          Rights
Ord Shares

Resulting situation after the triggering transaction

Class/type of shares if       Number of Number of voting     % of voting
possible using the ISIN       shares    rights               rights
CODE
                                        Direct   Indirect    Direct   Indirect
                                                 1,365,000                6.97%

B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)

Number of voting rights                      % of voting rights
1,365,000                                    6.97%
  
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:

Peter Coleman

15. Contact telephone number:

01782 714181




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