RNS Number:4253E
Inland PLC
25 September 2007

Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer Inland plc
of existing shares to which voting rights are      -------------------
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights                             YES
----------------------------------------                                --------
An acquisition or disposal of financial instruments which may result in
the acquisition of shares already issued to which voting rights are     --------
An event changing the breakdown of voting rights
----------------------------------------                                --------
Other (please specify):______________
----------------------------------------                                --------
3. Full name of person(s) subject to       Lehman Brothers International (Europe)
notification obligation:                   -----------------------
4. Full name of shareholder(s) (if         N/A
different from 3):                         -----------------------
5. Date of transaction (and date on which  20/09/07
the threshold is crossed or reached if     -----------------------
6. Date on which issuer notified:          24/09/07
-------------------------                  -----------------------
7. Threshold(s) that is/are crossed
or reached:                                                                 4%
-------------------------                                -----------------------

8: Notified Details

A: Voting rights attached to shares
Class/type   Situation previous  Resulting situation after the triggering
of shares    to the triggering   transaction
If possible
use ISIN     Number of Number of Number of Number of voting     Percentage of voting
code         shares    voting    shares    rights               rights
                       rights              Direct    Indirect   Direct    Indirect
GB00B1TR0310 Below 3% Below 3% 7,460,000 7,460,000 n/a 4.6% n/a

B: Financial Instruments
Resulting situation after the triggering transaction
Type of      Expiration Exercise/    No. of voting rights that may   Percentage
financial    date       conversion   be acquired (if the instrument  of voting
instrument              period/      exercised/converted)            rights

Total (A B)

Number of voting rights               Percentage of voting rights
    7,460,000                                        4.6%

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

Proxy Voting:

10. Name of 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 name:                    44 (0) 20 7102 1832

For notes on how to complete form TR-1 please see the FSA website.

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