NSAM New Star

    TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying        New Star Asset Management
issuer of existing shares to which voting rights           Group PLC
are attached:

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 attached

An event changing the breakdown of voting rights
Other (please specify):______________

3. Full name of person(s) subject to the           Legal & General Group Plc
notification obligation:                                     (L&G)

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

5. Date of the transaction (and date on which           14 October 2008
the threshold is crossed or reached if
different):

6. Date on which issuer notified:                       16 October 2008

7. Threshold(s) that is/are crossed or reached:          Above 3%(L&G)

8. Notified details:

A: Voting rights attached to shares

Class/type  Situation previous            Resulting situation after
of shares    to the Triggering           the triggering transaction
                transaction
if possible
using the
ISIN CODE
             Number    Number   Number of     Number of        % of voting
            of Shares of Voting  shares     voting rights         rights
                       Rights
                                           Direct   Indirect Direct  Indirect

ORD              Below 3%       8,200,745 8,200,745           3.05
GBP 0.25


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

Number of voting rights       % of voting rights

          8,200,745                        3.05


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

Legal & General Group Plc (Direct and
Indirect) (Group)

Legal & General Investment Management
(Holdings) Limited (LGIMH) (Direct and
Indirect)

Legal & General Investment Management
Limited (Indirect) (LGIM)

   Legal & General Group Plc (Direct) (L&G) (8,200,745 -
                 3.05% = LGAS, LGPL & PMC)

Legal & General Investment      Legal & General Insurance
Management (Holdings) Limited   Holdings Limited (Direct)
(Direct) (LGIMHD)               (LGIH)

Legal & General Assurance       Legal & General Assurance
(Pensions Management) Limited   Society Limited (LGAS &
(PMC)                           LGPL)

                                Legal & General Pensions
                                Limited (Direct) (LGPL)
 
Proxy Voting:

10. Name of the proxy holder:                              N/A

11. Number of voting rights proxy holder will              N/A
cease to hold:

12. Date on which proxy holder will cease to hold          N/A
voting rights:

13. Additional information:    Notification using the total voting rights
                                         figure of 268,580,859

14. Contact name:                           Bhupinder Kalsi

15. Contact telephone number:                0207 225 6053


END

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