RNS Number:4034U
Alexon Group PLC
04 April 2007





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):

Alexon Group Plc

ISIN: GB0008444027


2. Reason for the notification (please tick the appropriate box or boxes)
                                         
                                                                               
An acquisition or disposal of voting rights                                  (X) 

                                                                               
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 the notification obligation (iii):                                                 
          
Investec Asset Management Ltd     
                                                                               
 

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


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

30.03.07

                                                  
                                                                               
6. Date on which issuer notified:                                    
                                                                               
02.04.07



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

5%

                                                                               

8. Notified details:                                                           



A: Voting rights attached to shares


Class/type of shares            Situation previous to  
                                the Triggering
if possible using the           transaction (vi)         
ISIN CODE                              

                       Number of shares       Number of voting Rights 
                                              (viii)                  
            
Ordinary 10p
                       
GB0008444027           3012701                3012701






Resulting situation after the triggering transaction (vii)

 
Class/type of shares    Number of shares    Number of voting rights      % of voting rights  
                                            (ix)
if possible using                                                                 
the ISIN CODE                                                                         
                        Direct              Direct (x) Indirect (xi)     Direct    Indirect  


Ordinary 10p
                       
GB0008444027            -                   -          2,712,701         -         4.77%






B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of      Expiration       Exercise/             Number of voting       % of   
financial    date (xiii)      Conversion            rights that may be     voting  
instrument                    Period/ Date (xiv)    acquired if the        rights  
                                                    instrument                 
                                                    is exercised/               
                                                    converted                 
                                                                               




Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
2,712,701                               4.77%





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






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:                                                    
                                                                               



14. Contact name:                                                              
                                                                               
Ian Gartshore



15. Contact telephone number:                                                  

020 7597 1825




Annex Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the notification obligation                                        
               
                                                                               
Full name (including legal form for legal entities)           

Investec Asset Management Ltd


                 
Contact address (registered office for legal entities)        

2 Gresham Street,
London
EC2V 7QP 


                 
Phone number                                                 

020 7597 1825


                                                                     
Other useful information (at least legal representative for legal persons)                                              
                  
                                                                              


B: Identity of the notifier, if applicable (xvii)                              
                                                                               

Full name                                                     

                                                                               
Contact address                                                                
                                                                               


Phone number                                                     
                                                                               


Other useful information (e.g. functional relationship with the person or legal 
entity subject to the notification obligation)                        




C: Additional information



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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