TIDMCHS 
 
RNS Number : 4783E 
Chrysalis PLC 
21 December 2009 
 

+-----------------------------------------------------------------------------+ 
| TR-1: Notifications of Major Interests in Shares                            | 
+-----------------------------------------------------------------------------+ 
 
 
+----------------------------------------+---------------+---------------+----------+ 
| 1. Identity of the issuer or the underlying issuer of  | Chrysalis Plc            | 
| existing shares to which voting rights are attached:   |                          | 
+--------------------------------------------------------+--------------------------+ 
| 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   | North Atlantic Value LLP (as investment  | 
| notification obligation:               | manager/advisor)                         | 
+----------------------------------------+------------------------------------------+ 
| 4. Full name of shareholder(s) (if     | *  North Atlantic Smaller Companies      | 
| different from 3):                     | Investment Trust PLC *                   | 
|                                        | North Atlantic Value LLP (as Investment  | 
|                                        | manager/adviser to other fund management | 
|                                        | clients)                                 | 
+----------------------------------------+------------------------------------------+ 
| 5. Date of transaction (and date on    | 17 December 2009                         | 
| which the threshold is crossed or      |                                          | 
| reached if different):                 |                                          | 
+----------------------------------------+------------------------------------------+ 
| 6. Date on which issuer notified:      | 21 December 2009                         | 
+----------------------------------------+------------------------------------------+ 
| 7. Threshold(s) that is/are crossed or | 11%                                      | 
| reached:                               |                                          | 
+----------------------------------------+---------------+---------------+----------+ 
 
 
 
 
 
 
 
 
 
 
 
 
 
+------------+----------+----------+----------+----------+----------+----------+----------+ 
| 8: Notified Details                                                                     | 
+-----------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                     | 
|                                                                                         | 
+-----------------------------------------------------------------------------------------+ 
| Class/type | Situation previous  | Resulting situation after the triggering transaction | 
| of shares  | to the triggering   |                                                      | 
| If         | transaction         |                                                      | 
| possible   |                     |                                                      | 
| use ISIN   |                     |                                                      | 
| code       |                     |                                                      | 
+            +---------------------+------------------------------------------------------+ 
|            | Number   | Number   | Number   | Number of voting    | Percentage of       | 
|            | of       | of       | of       | rights              | voting rights       | 
|            | shares   | voting   | shares   |                     |                     | 
|            |          | rights   |          |                     |                     | 
+            +          +          +          +---------------------+---------------------+ 
|            |          |          |          | Direct   | Indirect | Direct   | Indirect | 
+------------+----------+----------+----------+----------+----------+----------+----------+ 
| Ordinary shares                                                                         | 
| Sedol:                                                                                  | 
| Holder 1                5,500,000           5,500,000         5,500,000                 | 
| 5,500,000      8.19%                                                                    | 
| Holder 2               1,345,299 1,345,2992,017,7682,017,768 3.01%                      | 
| TOTAL:  11.20%                                                                          | 
|                                                                                         | 
+------------+----------+----------+----------+----------+----------+----------+----------+ 
 
 
+---------------+---------------+---------------+----------------------+---------------+ 
| B: Financial Instruments                                                             | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                 | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Type of       | Expiration    | Exercise/     | No. of voting        | Percentage of | 
| financial     | date          | conversion    | rights that          | voting rights | 
| instrument    |               | period/date   | may be               |               | 
|               |               |               | acquired (if         |               | 
|               |               |               | the                  |               | 
|               |               |               | instrument           |               | 
|               |               |               | exercised/converted) |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
|               |               |               |                      |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
 
 
 
 
+--------------------------------------+---------------------------------------+ 
| Total (A+B)                                                                  | 
|                                                                              | 
+------------------------------------------------------------------------------+ 
| Number of voting rights              | Percentage of voting rights           | 
|                                      |                                       | 
+--------------------------------------+---------------------------------------+ 
| 7,517,768                            | 11.20%                                | 
+--------------------------------------+---------------------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and /or | 
| the financial instruments are effectively held, if applicable:              | 
+-----------------------------------------------------------------------------+ 
| Not applicable                                                              | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| Proxy Voting:                                                               | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
| 10. Name of proxy holder:            | N/A                                  | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 11. Number of voting rights proxy    | N/A                                  | 
| holder will cease to hold:           |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 12. Date on which proxy holder will  | N/A                                  | 
| cease to hold voting rights:         |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| 13. Additional information:          | North Atlantic Value LLP is the      | 
|                                      | investment manager/advisor in        | 
|                                      | respect of the full 11.20% holding   | 
|                                      | as it is investment manager to       | 
|                                      | Holder 1 as well as the other        | 
|                                      | clients included in Holder 2.        | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 14 Contact name:                     | Bonita Guntrip                       | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 15. Contact telephone name:          | 020 7747 5681                        | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
CHRYSALIS PLC CONTACT DETAILS: 
Name of contact and telephone number for queries 
+-----------------+ 
| - Andy          | 
| Mollett         | 
| - 020 7221 2213 | 
+-----------------+ 
Name and signature of authorised company official responsible for making this 
notification 
+----------+ 
| - Andy   | 
| Mollett  | 
+----------+ 
Date of notification 
+----------+ 
| - 21     | 
| December | 
| 2009     | 
+----------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLILFEFFALLFIA 
 

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