Arden Partners plc
29 March 2007



Holding in Company


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Arden Partners plc


2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights:

( )

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):

( x ) Initial Disclosure under the Financial Services Authority's Disclosure
Transparency Rules


3. Full name of person(s) subject to the notification obligation:

Standard Life Investments Ltd


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

Vidacos Nominees


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

23 March 2007


6. Date on which issuer notified:

27 March 2007


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

Direct voting rights exceed 3% and total voting rights exceed 3%



8. Notified details:


Initial Disclosure under the Financial Services Authority's Disclosure
Transparency Rules


A: Voting rights attached to shares

Class/type of shares  Situation previous to the triggering transaction
                      Number of Shares        Number of Voting Rights

GB00B15CTY44          Initial Disclosure      Initial Disclosure



Resulting situation after the triggering transaction
Number of shares           Number of voting rights           % of voting rights
Direct                     Direct            Indirect        Direct   Indirect
925,926                    925,926           Below 3%        3.748%   Below 3%


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
925,926                                      3.748%


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

Standard Life Investments Ltd


Proxy Voting:


10. Name of the 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:

Trevor Norris, Arden Partners plc, Company Secretary


15. Contact telephone number:

(0121) 423 8990




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