TR-1 Notification

16 Aug 2007 13:13

Park Plaza Hotels Limited16 August 2007 16 August 2007 PARK PLAZA HOTELS LIMITED Notification of Major Interest in Shares - Correction This announcement replaces that of the same name released today at 12.27pm. Theonly changes are to Part 7 - Threshold, which is 18%, and Part 8 - Percentage ofVoting Rights, which is 18.3%. TR-1: Notifications of Major Interests in Shares Park Plaza Hotels Limited 1. Identity of the issuer or the underlying issuer of existing sharesto which voting rights are attached: 2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisition of sharesalready issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):______________ Molteno Limited 3. Full name of person(s) subject to notification obligation: N/A 4. Full name of shareholder(s) (if different from 3): 17 July 2007 5. Date of transaction (and date on which the threshold iscrossed or reached if different): 19 July 2007 6. Date on which issuer notified: 18% 7. Threshold(s) that is/are crossed or reached: 8: Notified DetailsA: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transactionshares triggering transaction Number of Number of Number of Number of voting rights Percentage of voting rightsIf possible use shares voting rights sharesISIN code Direct Indirect Direct IndirectOrdinary N/A N/A 7,500,000 7,500,000 - 18.3%- Shares B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights that may Percentage of votinginstrument period/date be acquired (if the instrument rights exercised/converted)N/A N/A N/A N/A N/A Total (A+B) Number of voting rights Percentage of voting rights7,500,000 17.7% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectivelyheld, if applicable:Molteno Limited is wholly owned by the Princeton Trust, a discretionary trust established under the laws of the BritishVirgin Islands by Boris Ivesha. Proxy Voting: 10. Name of proxy holder: N/A 11. Number of voting rights proxy holder will cease to N/Ahold: 12. Date on which proxy holder will cease to hold voting N/Arights: 13. Additional information: N/A 14 Contact name: Mark Sieff This information is provided by RNS The company news service from the London Stock Exchange