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Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC

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

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

[X]     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

3.    Full name of person(s) subject to the notification obligation: FMR LLC 

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: 30 June 2009

6.    Date on which issuer notified; 01 July 2009

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 using the ISIN CODE)	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting rights	Number of shares	Number of voting rights		% of voting rights
			Indirect	Direct	Indirect	Direct	Indirect
IE0003072950	71,184,048	71,184,048	71,398,953		71,398,953		15.00
SUBTOTAL A (based on aggregate voting rights)	71,184,048	71,184,048	71,398,953	71,398,953		15.00

  

B) Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration Date	Exercise/Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
		SUBTOTAL B (in relation to all expiration dates)

Total (A+B)	number of voting rights	% of voting rights
	71,398,953	15.00

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

10.    In case of proxy voting: Number of voting rights proxy holder will acquire is 214,905 

11.    Additional information: 

None

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