Notification of major interests in shares

May 28 2009

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

Pace plc

2. Reason for the notification :

Other - Change in Issued Share Capital

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

Gartmore Investment Limited

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

5,609,107	HSBC Global Custody Nominee UK Ltd
121,816	Chase Nominees Limited
1,666,608	Goldman Sachs Nominees Ltd
1,654,385	Gartmore Growth Opportunities
266,000	SGF Best Ideas Fund Europe
130,072	Bank of Bermuda Luxembourg
5,423,672	Nortrust Nominees Limited

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

22 May 2009

6. Date on which issuer notified :

28 May 2009

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

Below 5%

8. Notified details :

A: Voting rights attached to shares

Class/type of shares	Situation previous to the Triggering transaction
If possible using the ISIN CODE	Number of shares	Number of voting Rights
GB0006672785 ORD 0.05	24,788,595	24,788,595

Resulting situation after the triggering transaction

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)	Percentage of voting rights
n/a	n/a	n/a	n/a	n/a

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 :

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 :

All shares are held indirectly

14. Contact name :

Anthony Dixon

15. Contact telephone number :

01274 537007