NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of Issuer

TATE & LYLE PLC

2. Reason for notification

AN ACQUISITION OF VOTING RIGHTS

3. Full name of person(s) subject to the 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 the shareholder(s) (if different from 3 above)

HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND HARBINGER CAPITAL PARTNERS
SPECIAL SITUATIONS FUND, L.P.

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

19% THRESHOLD CROSSED ON 1 JULY 2008

6. Date on which issuer notified

3 JULY 2008

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

19.00%

8. Notified Details

(A) Voting Rights Attached to shares

Class/type of shares

ORDINARY 25p SHARES

(GB0008754136)

Situation previous to the Triggering transaction

Number of Shares: 83,435,025

Number of Voting Rights: 83,435,025

Resulting situation after the triggering transaction:

Number of Shares - 88,297,800

Number of Voting Rights (Direct) - NOT PROVIDED

Number of Voting Rights (Indirect) - 88,297,800

% of Voting Rights (Direct) - NOT PROVIDED

% of Voting Rights (Indirect) - 19.3% (BASED ON TOTAL VOTING RIGHTS OF
458,358,052)

(B) Financial Instruments

N/A

Total (A)+(B)

Total number of Voting Rights - 88,297,800

Total % of Voting Rights - 19.3%

9. Chain of controlled undertakings through which the voting rights and/or

the financial instruments are effectively held

HARBERT FUND ADVISORS, INC, SERVES AS 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

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. Any additional information

N/A

Contact name for enquiries:

ROBERT GIBBER

COMPANY SECRETARY

020 7626 6525

3 JULY 2008

ENDS

Copyright Business Wire 2008