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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 

3.    Full name of person(s) subject to the notification obligation: Norges Bank (The Central Bank of Norway)

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: 29.07.2009

6.    Date on which issuer notified; 31.07.2009

7.     Threshold(s) that is/are crossed or reached: 3%

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
			Direct	Direct	Indirect	Direct	Indirect
IE0003072950	6,122,572	6,122,572	6,122,572	6,122,572		1.29%
US2841312083	8,101,420	8,101,420	8,211,520	8,211,520		1.73%
SUBTOTAL A (based on aggregate voting rights)	14,223,992	14,223,992	14,334,092	14,334,092		3.01%

  

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
	14,334,092	3.01%

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

10.    In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. N/A

11.    Additional information: None

Done at [place] on [date]. Oslo, Norway, 31.07.2009

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):

[ ]     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: Increase in total voting rights issued by the Company

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: 31 July 2009

6.    Date on which issuer notified; 04 August 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	71,398,953	71,398,953	71,398,953		71,398,953		14.99
SUBTOTAL A (based on aggregate voting rights)	71,398,953	71,398,953	71,398,953	71,398,953		14.99

  

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	14.99

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/cease to hold is 0 

11.    Additional information: 

Threshold breach due to an increase in the total voting rights issued by the company, pursuant to RNS announcement released by the Company on 31 July 2009.

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

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