Wagon PLC
15 April 2008


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:

Wagon plc - GB0009327056



2. Reason for the notification (place an X inside the appropriate bracket/s)

An acquisition or disposal of voting rights: ( X  )



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 notification obligation:

Schroders plc



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



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

11 April 2008



6. Date on which issuer notified:

14 April 2008



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

Below 5%



8. Notified details:

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



A: Voting rights attached to shares


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

GB0009327056               6,060,000   6,060,000    5,747,088      N/A      5,747,088     N/A       4.95%              








B: Financial Instruments

Resulting situation after the triggering transaction


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




Total (A+B)
Number of voting rights        % of voting rights
   5,747,088                    4.95%



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

Schroder Investment Management Limited

5,747,088

4.95%



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:

The shares referred to in section 9 are held in portfolios managed by those
firms on a disciplinary basis for clients under investment management
agreements.



14. Contact name:

Andrea Rowe.



15. Contact telephone number:

+44 (0)20 7658 2521


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