RNS Number:6339J
Dexion Trading Limited
11 December 2007


TR-1(i):               Notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing              Dexion Trading NPV
shares to which voting rights are attached(ii):
                                                                            (SEDOL B037814)
2. Reason for the notification     (please tick the appropriate box or boxes)
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):                                                                           X
     Incorrect data feed_______________
3. Full name of person(s) subject to the notification obligation Cazenove Capital Management Limited
(iii):
4. Full name of shareholder(s) (if different from 3.)(iv):                       N/A
5. Date of the transaction (and date on which the threshold is                 11/12/07
crossed or reached if different)(v):
6. Date on which issuer notified:                                              11/12/07
7. Threshold(s) that is/are crossed or reached:                                  21%
8. Notified details:                                                                    N/A




A: Voting rights attached to shares
Class/type of     Situation previous to Resulting situation after the triggering transaction(vii)
shares            the Triggering
                  transaction (vi)
 if possible      Number of  Number of  Number of    Number of voting rights   % of voting rights
using the ISIN    Shares     Voting     shares       ix
CODE                         Rights
                             viii       Direct       Direct  x    Indirect xi  Direct       Indirect

  (ISIN)          12,351,416 12,351,416 12,351,416   12,351,416        0       21.70%            0
GB00B0378141

NPV


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


Total (A+B)
Number of voting rights                            % of voting rights
12,351,416                                         21.70%












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

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)             Cazenove Capital Management Limited
Contact address (registered office for legal entities)          12 Moorgate, London, EC2R 6DA
Phone number                                                    0207 155 5778
Other useful information (at least legal representative         Rob Redhead
for legal persons)



B:        Identity of the notifier, if applicable xvii
Full name                                                                        N/A
Contact address                                                                  N/A
Phone number                                                                     N/A
Other useful information (e.g. functional relationship                           N/A
with the person or legal entity subject to the
notification obligation)



C:        Additional information




--------------------------





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