RNS Number:0149T
Allianz Dresdr 2 Endw Policy TstPLC
15 March 2007


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


1. Identity of the issuer or the underlying issuer of existing    Allianz Dresdner Second Endowment Policy
shares to which voting rights are attached(ii):                                  Trust Plc

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: Existing Positions requiring disclosure under the new Disclosure and Transparency           x
Rules.

3. Full name of person(s) subject to the notification                   CG Asset Management Limited
obligation(iii):

4. Full name of shareholder(s) (if different from 3.)(iv):        Smith & Williamson Nominees and Nortrust
                                                                                 Nominees
5. Date of the transaction and date on which the threshold is                       n/a
crossed or reached(v):
6. Date on which issuer notified:                                             15th March 2007
7. Threshold(s) that is/are crossed or reached:                                      4%
8. Notified details:                                                          Nominee Holdings







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

 GB0004939905                                                    1,515,000                       7.67%
                 1,515,000



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.



Total (A+B)
Number of voting rights                            % of voting rights
                              1,515,000                                    7.67%








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

Smith & Williamson Nominees for Capital Gearing Trust (945,000 Shares)

Nortrust Nominees for CG Portfolio Fund Limited (575,000 Shares)








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:
14. Contact name:                                                      Peter Ingram
15. Contact telephone number:                                         020 7065 1467



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