Holding(s) in Company

PHSC

04/04/2012 12:17

For filings with the FSA include the
annex

For filings with issuer exclude the
annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which voting
rights are attached

An acquisition or disposal of instruments with similar economic effect
to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please                Change of Investment Manager                 X
specify):

3. Full name of person(s) subject to         AXA Investment Managers SA
the
notification obligation: iii

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

5. Date of the transaction and date                01 March 2012
on
which the threshold is crossed or
reached: v

6. Date on which issuer notified:                   3 April 2012

7. Threshold(s) that is/are crossed                    5.00 %
or
reached: vi, vii

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of  Situation         Resulting situation after the triggering
shares         previous          transaction
               to the triggering
               transaction
if possible
using          Number   Number   Number    Number of voting  % of voting
the ISIN CODE  of       of       of shares rights            rights x
               Shares   Voting
                        Rights   Direct    Direct   Indirect Direct   Indirect
                                           xi       xii

GB0033113456   641 509  641 509  0         0        0        0.00 %   0.00 %

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction

Type of       Exercise  Expiration Exercise/  Number of voting   % of voting
financial     price     date xvii  Conversion rights instrument  rights xix, xx
instrument                         period     refers to
                                   xviii

                                                                 Nominal  Delta

                                 Total (A+B+C)

        Number of voting rights               Percentage of voting rights

                   0                                     0.00 %

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

Proxy Voting:

10. Name of the proxy holder:

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

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

13. Additional information:

14. Contact name:                      Sami BEKKALI

15. Contact telephone number:          +44 (0) 207 003 2823

END