PGI Pgi Grp

RNS Number:0104P
PGI Group PLC
04 January 2007


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

PGI Group PLC

2. Name of shareholder having a major interest

Vighignolo Reserve Entity Limited (VREL)

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

In Respect of 2 Above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

HSBC Global Custody Nominee (UK) Limited a/c 813259

5. Number of shares / amount of stock acquired

793,924

6. Percentage of issued class

0.61%

7. Number of shares / amount of stock disposed


............................................................


8. Percentage of issued class


............................................................


9. Class of security

Ordinary

10. Date of transaction

29 December 2006

11. Date company informed

4 January 2007

12. Total holding following this notification

5,635,585 shares

13. Total percentage holding of issued class following this notification

4.36%

14. Any additional information


............................................................


15. Name of contact and telephone number for queries


D G Saveker 020 7246 0205


16. Name and signature of authorised company official responsible for making
this notification


Douglas George Saveker


Date of notification


4 January 2007


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