TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
PSION PLC - GB00BOD5VH57
2. Reason for the notification State
Yes/No
An acquisition or disposal of voting rights Yes
An acquisition or disposal of financial instruments which may No
result in the
acquisition of shares already issued to which voting rights are
attached
An event changing the breakdown of voting rights No
Other (please specify): No
3. Full name of person(s) subject to the Schroders plc
notification obligation (iii):
4. Full name of shareholder(s) (if
different from 3.) (iv):
5. Date of the transaction (and date on 5 November 2009
which the threshold is crossed
or reached if different) (v):
6. Date on which issuer notified: 6 November 2009
7. Threshold(s) that is/are crossed or 5%
reached:
8. Notified details:
A: Voting rights attached to shares
Class/type Situation previous Resulting situation after the triggering
of shares to transaction (vii)
if possible the Triggering
using the transaction (vi)
ISIN CODE
Number Number Number Number of voting % of voting
of of of rights (ix) rights
Shares Voting shares
Rights
(viii)
Direct Direct Indirect Direct Indirect
(x) (xi)
GB00B0D5VH57 8,968,180 6,918,246 9,231,560 n/a 7,181,626 n/a 5.109
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/Conversion Number of voting % of
financial date (xiii) Period/ Date (xiv) rights that may be voting
instrument acquired if the rights
instrument
is exercised/c
onverted
Total (A+B)
Number of voting rights % of voting rights
7,181,626 5.109%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):
Schroder Investment Management Limited 7,181,626 (5.106%)
Proxy Voting:
10. Name of the 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: The shares referred to in section 9 are held in
portfolios managed by those firms on a
discretionary basis for clients under investment
management agreements.
14. Contact name: Louise Meads, Company Secretary
15. Contact telephone number: +44 20 3008 5158