RNS Number:0537X
Alpha Airports Group PLC
22 May 2007



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:

.................ALPHA AIRPORTS GROUP PLC


2. Reason for the notification (please 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:

.................PETER WODEHOUSE WILLIAMS


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

.................COMPAGNIE D'EXPLOITATION DES SERVICES AUXILIAIRES AERIENS


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

.................21 MAY 2007


6. Date on which issuer notified:

.................22 MAY 2007


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

.................26%


8. Notified details:

.................ACQUIRED VOTING INTERESTS IN RELATION TO AGM TO BE HELD ON 23
MAY 2007


A: Voting rights attached to shares

Class/type of shares if possible using     Situation previous to the Triggering
the ISIN CODE                                          transaction
ORDINARY SHARES OF 10p                    Number of       Number of voting
                                          shares          Rights

GB0000281328                              100,000         100,000


Resulting situation after the triggering transaction

Class/type of shares if   Number of    Number of voting rights  % of voting
possible using the ISIN   shares                                rights
CODE

                          Direct       Direct     Indirect      Direct  Indirect

ORDINARY
SHARES OF 10P             46,716,666    100,000    46,616,666    0.06%   26.50%              
                          
GB0000281328


B: Financial Instruments

Resulting situation after the triggering transaction

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





Total (A+B)
Number of voting rights                      % of voting rights

46,716,666 SHARES                            26.56%


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

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


Proxy Voting:


10. Name of the proxy holder:

.................PETER WODEHOUSE WILLIAMS


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

.................46,616,666: 26.5%


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

.................23 MAY 2007


13. Additional information:

................. When proxy expires:


46,616,666 of voting rights return to Compagnie D'Exploitation des Services
Auxiliaires Aeriens


14. Contact name:

................GLENIS RYLANCE, ASSISTANT COMPANY SECRETARY


15. Contact telephone number:

.................020 8580 3214



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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