RNS Number:2403T
MTL Instruments Group PLC
19 March 2007

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


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

    The MTL Instruments Group plc


2.  Reason for the notification (please state Yes/No):

    An acquisition or disposal of voting rights: No

    An acquisition or disposal of financial instruments which may result in the
    acquisition of shares already issued to which voting rights are attached: No

    An event changing the breakdown of voting rights: No

    Other (please specify): Notification required by the Disclosure and 
    Transparency Rules


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

    AXA SA, 25 Avenue Matignon, 75008 Paris and its group of companies.


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

    See paragraph 9


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

    N/A


6.  Date on which issuer notified:

    19 March 2007


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

    14%


8.  Notified details:

A:  Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                             transaction
Ordinary Shares                           Number of       Number of voting
                                          shares          Rights

GB0005507768                              n/a             n/a


Resulting situation after the triggering transaction

Class/type of shares if possible  Number of  Number of voting    % of voting
using the ISIN CODE               shares     rights              rights

                                  Direct     Direct Indirect     Direct Indirect
Ordinary Shares

GB0005507768                      n/a        n/a    2,797,668    n/a    14.38%


B:  Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   Date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights

n/a         n/a        n/a           n/a                                n/a

Total (A+B)
Number of voting rights              % of voting rights

2,797,668                            14.38%



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

    AXA Rosenberg 187,026

    AXA Framlington Xerox Final Salary Pension Scheme 161,000

    AXA Framlington Islington Group Pension Scheme 98,000

    AXA Framlington SEI Equity 200,000

    AXA Framlington Innovative Growth Investment Trust 1,200,000

    AXA Framlington AIM VCT 1 32,500

    AXA Framlington AIM VCT 2 57,500

    AXA Framlington UK Smaller Companies 548,172

    AXA Framlington BAe Systems Pension Fund 134,720

    AXA Framlington BAe Systems 2000 Pension Fund 52,000

    Framlington onshore private clients 126,750
 
    Total holding 2,797,668


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:

    Bill Greenhalgh, Finance Director


15. Contact telephone number:

    01582 407534



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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