For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications 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

2. Reason for notification (yes/no)

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 notification obligation:

Harbert Fund Advisors, Inc., in its capacity as investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd. and (ii) Harbinger Capital Partners Special Situations Fund, L.P.

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

Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. 

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

Threshold crossed during trading on  27 June 2008

6. Date on which issuer notified:

1 July 2008

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

10%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary Shares

ISIN Code:  

GB0009327056

Above 10%

Above 10%

 10,550,997 

ordinary shares

10,550,997 

9.09%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

10,550,997 

9.09%

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

Harbert Fund Advisors, Inc. serves as an investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd. and (ii) Harbinger Capital Partners Special Situations Fund, L.P. Harbert Fund Advisors, Inc. is an indirect, wholly-owned subsidiary of Harbert Management Corporation.

Proxy Voting:

10. Name of proxy holder:

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

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

13. Additional information:

14 Contact name:

William R. Lucas, Jr.

Executive Vice President, General Counsel and Secretary of Harbert Fund Advisors, Inc.

Harbert Fund Advisors, Inc.

2100 Third Avenue North

Suite 600

Birmingham, Alabama  35203 

USA   

15. Contact telephone name:

(00) 1 205 987 5500