TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the Real Estate Investors plc
underlying issuer of existing shares
to which voting rights are attached:
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights X
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) Caledonia Investments plc
subject to notification
obligation:
4. Full name of shareholder(s)
(if different from 3):
5. Date of transaction (and 26 November 2008
date on which the threshold is
crossed or reached if
different):
6. Date on which issuer 27 November 2008
notified:
7. Threshold(s) that is/are 21, 22 and 23%
crossed or reached:
8: Notified Details
A: Voting rights attached to shares
Class/ Situation Resulting situation after the
type of previous to triggering transaction
shares the triggering
If transaction
possible
use ISIN
code
Number Number Number Number of Percentage
of of of voting rights of voting
shares voting shares rights
rights
Direct Indirect Direct Indirect
GB00B014B855 70,315,000 70,315,000 80,315,000 80,315,000 23.57%
Ordinary 1p
shares
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ No. of voting Percentage
financial date conversion rights that of voting
instrument period/date may be rights
acquired (if
the
instrument
exercised/con
verted)
Total (A+B)
Number of voting rights Percentage of voting rights
80,315,000 23.57%
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: None
14 Contact name: Krista Burwood
15. Contact telephone name: 0207 802 8080