Northern Rock PLC
10 January 2008


Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying       NORTHERN ROCK PLC
issuer of existing shares to which voting rights  --------------------
are attached:
------------------------------
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 NO
the acquisition of shares already issued to which voting rights are     --------
attached
------------------------------------------
An event changing the breakdown of voting rights                        NO
------------------------------------------                              --------
Other (please specify):______________
------------------------------------------                                 --------
3. Full name of person(s) subject to      SRM GLOBAL MASTER FUND LIMITED
notification obligation:                  PARTNERSHIP
--------------------------                ------------------------
4. Full name of shareholder(s) (if
different from 3):                                         ------------------------
--------------------------
5. Date of transaction (and date on which 9th January 2008 to be fully settled 14th
the threshold is crossed or reached if    January 2008
different):                               ------------------------
--------------------------
6. Date on which issuer notified:         10th January 2008
--------------------------                ------------------------
7. Threshold(s) that is/are crossed or    Exceeding further 1% threshold since last
reached:                                  filing, as specified under Financial
--------------------------                Services and Markets Act 2000 :
                                          Disclosure and Transparency Rules (DTRs)
                                          ------------------------











8: Notified Details
A: Voting rights attached to shares
Class/   Situation previous to  Resulting situation after the triggering
type of  the triggering         transaction
shares   transaction
If
possible
use ISIN
code
ORDINARY
         Number of     Number   Number of     Number of voting    Percentage of
         shares        of       shares        rights              voting rights
                       voting
                       rights
          43,193,272    10.25%   43,193,272
                                              43,193,272 Indirect  10.25%  Indirect
                                              Direct               Direct


B: Financial Instruments
Resulting situation after the triggering transaction
Type of     Expiration Exercise/     No. of voting rights that may   Percentage
financial   date       conversion    be acquired (if the instrument  of voting
instrument             period/date   exercised/converted)            rights



Total (A+B)
Number of voting rights              Percentage of voting rights
                        43,193,272                                       10.25%











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 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:                                  Iain Colquhoun
15. Contact telephone name:                       00377 97 97 7944


For notes on how to complete form TR-1 please see the FSA website.



                      This information is provided by RNS
            The company news service from the London Stock Exchange