PCX Principle Cap.

RNS Number:6675U
Principle Capital Holdings S.A.
11 April 2007



Principle Capital Holdings SA
11 April 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: Principle Capital Holdings SA

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: (No)

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (No)

An event changing the breakdown of voting rights: (No)

Other: (Yes) (Initial Disclosure under DTR5)

3. Full name of person(s) subject to the notification obligation: 
   SVM Asset Management Limited

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

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

6. Date on which issuer notified: 20 March 2007

7. Threshold(s) that is/are crossed or reached: 6%

8. Notified details: N/A

A: Voting rights attached to shares

Class/type of shares               Situation previous to the Triggering transaction
(ISIN CODE)
                                  Number of shares                    Number of voting Rights
LU0203938583                      605,000                             605,000

Resulting situation after the triggering transaction (vii)

Class/type of shares               Number of shares          Number of voting rights            % of voting rights
(ISIN CODE)                                                  Direct   Indirect                  Direct      Indirect

LU0203938583                       605,000                   605,000                            6.72

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.

N/A             N/A                  N/A                       N/A                         N/A

Total (A+B)

Number of voting rights            % of voting rights
605,000                            6.72

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

BNY (OCS) NOMINEES

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: N/A

14. Contact name:         Carolina Viola

15. Contact telephone number:      +44 131 718 5602






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