Berkeley Group Regulatory News (BKG)

TR-1: Notifications of Major Interests in Shares

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

Berkeley Group Holdings plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

Yes

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 notification obligation:

1.

Saad Investments Company Limited (SICL)

2.

Saadgroup Limited (SGL) 

3.

Awal Trust Company Limited (ATCL)

4.

Maan Abdulwahed Al-Sanea (MAS)

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

1.

2.

Vidacos Nominees Limited

Nomura International

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

19 June 2009

6. Date on which issuer notified:

23 June 2009

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

8 and 7%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GB00B02L3W35

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary

11,340,355

11,340,355

8,066,339

-

8,066,339

-

6.16%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

8,066,339

6.16%

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

MAS is subject to a notification obligation pursuant to DTR 5.2.1(e) as a "parent undertaking" of SICL, the entity that indirectly holds 8,066,339 shares.

SICL is 96.2% owned by SGL which is wholly owned by ATCL as trustee of the Saad STAR Trust. SGL and ATCL are therefore subject to a notification obligation pursuant to DTR 5.2.1(e) as a "parent undertaking" of SICL.

Proxy Voting:

10. Name of 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:

Richard Stearn / Catherine Maitland, Tim Robertson (Cardew Group)

15. Contact telephone number:

01932 868555 / 0207 930 0777