PHSC plc - announcements

 

27 March 2007

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

2. Reason for the notification (please state Yes/No):
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 ) INITIAL NOTIFICATION OF SHAREHOLDING UNDER TRANSPARENCY DIRECTIVE

3. Full name of person(s) subject to the notification obligation: AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies

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

5. Date of the transaction and date on which the threshold is crossed or reached if different): 25th MARCH 2007

6. Date on which issuer notified: 26th MARCH 2007

7. Threshold(s) that is/are crossed or reached: 6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the the Triggering ISIN CODE 3311345

Situation previous to transaction:
Number of shares 5,000
Number of voting Rights 5,000

Resulting situation after the triggering transaction

Number of shares
Direct: 5,000
Indirect:

Number of voting rights
Direct: 5,000, 0.05%
Indirect: 641,509, 6.57%

B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)
Number of voting rights: 646,509
% of voting rights: 6.62%

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

Name of the Co. / Fund	Number of shares	% of issued share capital
Direct Sun Life Pensions Management Ltd	5,000	0.05117%
Indirect AXA Framlington AIM VCT	229,110	2.34491%
Indirect AXA Framlington AIM VCT2	412,399	4.22086%
Total Direct	5,000	0.05117%
Total Indirect	641,509	6.56577%
TOTAL	646,509	6.61695%

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: Terry Marsh

15. Contact telephone number: 020 7003 2637

PHSC plc

For further information please contact:

PHSC plc
Stephen King 01622 717700
Stephen.king@phsc.co.uk
www.phsc.plc.co.uk

Ruegg & Co Limited
Gavin Burnell 020 7584 3663
gburnell@ruegg.co.uk