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:

Fiberweb plc

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 notification obligation:

AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies.

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

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

5 October 2008

6. Date on which issuer notified:

6 October 2008

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

5%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GB00B1FMH067

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

4,491,718

Number of voting rights

4,491,718

Number of shares

159,718

Number of voting rights

Percentage of voting rights

Direct

159,718

Indirect

7,055,350

Direct

0.13%

Indirect

5.76%

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

7,215,068

5.89%

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

Name of Company/Fund

No. of shares

% of issued 

share capital

AXA UK Group Pension Scheme

Indirect

13,000

0.01062

AXA Rosenberg

Indirect

4,472,350

3.65268

Sun Life Pensions Management Ltd

Direct

450

0.00037

Sun Life Pensions Management Ltd

Direct

6,250

0.00510

Sun Life Pensions Management LTAV UK Equity 

Direct

153,018

0.12497

AXA Framlington

Indirect

590,000

0.48187

AXA Framlington

Indirect

1,300,000

1.06174

AXA Framlington

Indirect

480,000

0.39203

AXA Framlington

Indirect

200,000

0.16334

Total Direct

Total Indirect

159,718

7,055,350

0.13045

5.76227

Total

7,215,068

5.89272

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:

Terry Marsh

15. Contact telephone name:

020 7003 2637