Holding(s) in Company

RNS Number:3954Q
Teesland Plc
30 January 2007


TR-1:               notification of major interests in shares

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

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             Lehman Brothers International (Europe)
obligation:

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

5. Date of the transaction (and date on which the threshold is                   23/01/07
crossed or reached if different):

6. Date on which issuer notified:                                                25/01/07

7. Threshold(s) that is/are crossed or reached:                                     5%

8. Notified details:                                                               N/A




A: Voting rights attached to shares
Class/type of     Situation previous to   Resulting situation after the triggering transaction
shares            the Triggering
                  transaction
 if possible      Number of   Number of   Number of    Number of voting rights   % of voting rights
using the ISIN    Shares      Voting      shares
CODE                          Rights      Direct       Direct       Indirect     Direct       Indirect
GB0031695223      5,789,526   5,789,526   7,011,701    7,011,701    N/A          5.58%        N/A


B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.
        N/A


Total (A+B)
Number of voting rights                            % of voting rights
7,011,701                                          5.58%




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


Proxy Voting:
10. Name of the proxy holder:                                      N/A
11. Number of voting rights proxy holder will cease to hold:       N/A
12. Date on which proxy holder will cease to hold voting rights:   N/A


13. Additional information:                  N/A
14. Contact name:                            Tara O'Hagan
15. Contact telephone number:                +44 (0)20 7102 1832



Annex Notification Of Major Interests In Shares
A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)        Teesland Plc

Contact address (registered office for legal entities)     Forsyth House

                                                           93 George Street

                                                           Edinburgh

                                                           EH2 3ES
Phone number                                               +44 (0)131 226 8840
Other useful information (at least legal representative
for legal persons)




B:        Identity of the notifier, if applicable
Full name                                                  Lehman Brothers International (Europe)
Contact address                                            25 Bank Street

                                                           London E14 5LE
Phone number                                               +44 (0)20 7102 1000
Other useful information (e.g. functional relationship     Position_disclosures@lehman.com
with the person or legal entity subject to the
notification obligation)


C:        Additional information
N/A




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

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