TR-1: Notifications of Major Interests in Shares

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

MDY Healthcare plc

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 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) subject to notification obligation:

Peter Gyllenhammar

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

Bronsstädet AB

Union Discount Company of London Ltd

5. Date of transaction (and date on which the threshold is crossed or reached if different):

2009-01-21

6. Date on which issuer notified:

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

15%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

ordinary

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

2110000

Number of voting rights

2110000

Number of shares

2320000

Number of voting rights

Percentage of voting rights

Direct

2320000

Indirect

Direct

15.9%

Indirect

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

2320000

15.9%

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

Peter Gyllenhammar is the 100% owner of the following companies owning the shares in MDY Healthcare plc:

Bronsstädet AB  1559000

Union Discount Company of London plc 761000

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:

Peter Gyllenhammar

15. Contact telephone name:

0046 708 185244