TR-1i: 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):

 

Babcock International Group PLC

 

2. Reason for the notification (please state Yes/No):

 

An acquisition or disposal of voting rights: YES

 

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

 

Standard Life Investments Ltd

 

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

 

Vidacos Nominees

 

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

 

29 January 2010

 

6. Date on which issuer notified:

 

01 February 2010

 

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

 

5%

 

8. Notified details:

 

 

A: Voting rights attached to shares

 

Class/type of shares if possible using the ISIN CODE

GB0009697037 (Ordinary)

 

Situation previous to the Triggering transaction

Number of shares 11,495,245

Number of voting Rights 11,495,245

 

Resulting situation after the triggering transaction

Number of shares	Number of voting rights		% of voting rights
	Direct	Indirect	Direct	Indirect
11,380,299	6,958,883	4,421,416	3.030%	1.925%

 

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

 

Total (A+B)

Number of voting rights	% of voting rights
11,380,299	4.956%

 

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

 

 

 

Contact name:

Eunice Payne

 

Contact telephone number:

020 7355 5317