Major Interest In Shares

RNS Number:0506H
Costain Group PLC
05 November 2007


TR-1: Notifications of Major Interests in Shares




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


2. Reason for notification (yes/no)
                                                                             x

An acquisition or disposal of voting rights


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):______________
                                                   UEM Builders Berhad

3. Full name of person(s) subject to notification
obligation:
                                                   Rood Nominees Limited

4. Full name of shareholder(s) (if different from
3):
                                                   26 October 2007

5. Date of transaction (and date on which the
threshold is crossed or reached if different):
                                                   26 October 2007

6. Date on which issuer notified:
                                                   22%

7. Threshold(s) that is/are crossed or reached:
8: Notified Details
A: Voting rights attached to shares


Class/type of    Situation previous to the Resulting situation after the triggering transaction
shares           triggering transaction
                 Number of      Number of  Number of   Number of voting rights  Percentage of
If possible use  shares         voting     shares                               voting rights
ISIN code                       rights

                                                       Direct   Indirect        Direct   Indirect
GB0002272184     125,354,541    35         0           0        138,108,505     0        22


B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights  Percentage of voting
instrument                                period/date          that may be acquired  rights
                                                               (if the instrument
                                                               exercised/converted)
-






Total (A+B)


Number of voting rights                            Percentage of voting rights
138,108,505                                        22

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments
are effectively held, if applicable:
UEM Builders Berhad owns 93 per cent. of Daedalus Projects Limited which holds 138,108,505 shares in
Costain Group PLC.  These shares are registered in the name of Daedalus Projects Limited's nominee,
Rood Nominees Limited.


Proxy Voting:


10. Name of 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:                       The number of UEM Builders' voting rights has
                                                  been calculated on the basis of Costain Group
                                                  PLC's issued share capital following completion
                                                  of the Rights Issue as published in the
                                                  prospectus, namely 625,154,761 ordinary shares.
14 Contact name:                                  Sharifah Shafiqa Salim


15. Contact telephone name:                       0060327189990








Note: Annex should only be submitted to the FSA not the issuer


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         Sharifah Shafiqa Salim
entities)
Contact address (registered office for legal      UEM Builders Berhad, First Floor, MCOBA
entities)                                         Building, Jalan Syed Putra, 50460 Kuala Lumpur,
                                                  Malaysia
Phone number                                      0060327189990
Other useful information (at least legal          Joint Company Secretary of UEM Builders Berhad,
representative for legal persons)                 parent company of Daedalus Projects Limited.
A: Identity of the persons or legal entity subject to the notification obligation
Full name

(including legal form of legal entities)


Contact address

(registered office for legal entities)


Phone number & email


Other useful information

(at least legal representative for legal persons)




B: Identity of the notifier, if applicable
Full name


Contact address


Phone number & email


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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