TIDMMAX 
 
For filings with the FSA include the 
 annex 
 
 For filings with issuer exclude the 
 annex 
 
 
+------------------------------------------------------------------------------+ 
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             | 
+------------------------------------------------------------------------------+ 
 
+---------------------------------------------+--------------------------------+ 
|1. Identity of the issuer or the underlying  |                                | 
|issuer                                       |          Max Property Group Plc| 
|of existing shares to which voting rights are|                                | 
|attached:(ii)                                |                                | 
+---------------------------------------------+--------------------------------+ 
|2 Reason for the notification (please tick the appropriate box or boxes):     | 
+-------------------------------------------------------------------+----------+ 
|An acquisition or disposal of voting rights                        |    X     | 
+-------------------------------------------------------------------+----------+ 
|An acquisition or disposal of qualifying financial instruments     |          | 
|which may result in the acquisition of shares already issued to    |          | 
|which voting rights are attached                                   |          | 
+-------------------------------------------------------------------+----------+ 
|An acquisition or disposal of instruments with similar economic    |          | 
|effect to qualifying financial instruments                         |          | 
+-------------------------------------------------------------------+----------+ 
|An event changing the breakdown of voting rights                   |          | 
+-------------------------------------------------------------------+----------+ 
|Other (please specify):                                            |          | 
+--------------------------------------+----------------------------+----------+ 
|3. Full name of person(s) subject to  |                                       | 
|the                                   |  Oceana Fund Managers (Jersey) Limited| 
|notification obligation:(iii)         |                                       | 
+--------------------------------------+---------------------------------------+ 
|4. Full name of shareholder(s)        |   Goldman Sachs Securities Nominees on| 
| (if different from 3.):(iv)          |          behalf of Oceana Concentrated| 
|                                      |             Opportunities Fund Limited| 
+--------------------------------------+---------------------------------------+ 
|5. Date of the transaction and date on|                                       | 
|which the threshold is crossed or     |                        09 January 2012| 
|reached:(v)                           |                                       | 
+--------------------------------------+---------------------------------------+ 
|6. Date on which issuer notified:     |                        09 January 2012| 
+--------------------------------------+---------------------------------------+ 
|7. Threshold(s) that is/are crossed or|              Holding has gone above 4%| 
|reached:(vi, vii)                     |                                       | 
+--------------------------------------+---------------------------------------+ 
 
 
+------------------------------------------------------------------------------------+ 
|8. Notified details:                                                                | 
+------------------------------------------------------------------------------------+ 
|A: Voting rights attached to shares (viii, ix)                                      | 
+------------+-------------------+---------------------------------------------------+ 
|Class/type  |Situation previous |Resulting situation after the triggering           | 
|of          |to the triggering  |transaction                                        | 
|shares      |transaction        |                                                   | 
|            +---------+---------+----------------+------------------+---------------+ 
|            |Number   |Number   |Number          |Number of voting  |% of  voting   | 
|if possible |of       |of       |of shares       |rights            |rights (x)     | 
|using       |  ares   | o ing   +----------------+---------+--------+------+--------+ 
|the ISIN    |         |Rights   |Direct          |Direct   |Indirect|Direct|Indirect| 
|CODE        |         |         |                |(xi)     |(xii)   |      |        | 
+------------+---------+---------+----------------+---------+--------+------+--------+ 
|JE00B3CX6J86|         |         |                |         |        |      |        | 
|            |7,970,000|7,970,000|8,840,000       |8,840,000|        |4.02% |        | 
|            |         |         |                |         |        |      |        | 
+------------+---------+---------+----------------+---------+--------+------+--------+ 
 
+------------------------------------------------------------------------------------+ 
|B: Qualifying Financial Instruments                                                 | 
+------------------------------------------------------------------------------------+ 
|Resulting situation after the triggering transaction                                | 
+--------------+----------+------------------------+------------------+--------------+ 
|Type of       |Expiration|Exercise/               |Number of voting  |% of voting   | 
|financial     |date(xiii)|Conversion Period(xiv)  |rights that may be|rights        | 
|instrument    |          |                        |acquired if the   |              | 
|              |          |                        |instrument is     |              | 
|              |          |                        |exercised/        |              | 
|              |          |                        |converted.        |              | 
+--------------+----------+------------------------+------------------+--------------+ 
|              |          |                        |                  |              | 
+--------------+----------+------------------------+------------------+--------------+ 
 
+------------------------------------------------------------------------------------+ 
|C: Financial Instruments with similar economic effect to Qualifying Financial       | 
|Instruments (xv, xvi)                                                               | 
+------------------------------------------------------------------------------------+ 
|Resulting situation after the triggering transaction                                | 
+-------------+---------+----------+-------------+-----------+-----------------------+ 
|Type of      |Exercise |Expiration|Exercise/    |Number of  |% of voting rights     | 
|financial    |price    |date      |Conversion   |voting     |(xix, xx)              | 
|instrument   |         |(xvii)    |period(xviii)|rights     |                       | 
|             |         |          |             |instrument |                       | 
|             |         |          |             |refers to  |                       | 
|             |         |          |             |           |                       | 
|             |         |          |             |           |                       | 
+-------------+---------+----------+-------------+-----------+---------------+-------+ 
|             |         |          |             |           |Nominal        |Delta  | 
|             |         |          |             |           +---------------+-------+ 
|             |         |          |             |           |               |       | 
+-------------+---------+----------+-------------+-----------+---------------+-------+ 
 
+------------------------------------------------------------------------------------+ 
|Total (A+B+C)                                                                       | 
+-----------------------------------+------------------------------------------------+ 
|Number of voting rights            |Percentage of voting rights                     | 
+-----------------------------------+------------------------------------------------+ 
|8,840,000                          |4.02%                                           | 
+-----------------------------------+------------------------------------------------+ 
 
 
+----------------------------------------------------------------------------+ 
|9. Chain of controlled undertakings through which the voting rights and/or  | 
|the                                                                         | 
|financial instruments are effectively held, if applicable:(xxi)             | 
+----------------------------------------------------------------------------+ 
|                                                                            | 
|                                                                            | 
|                                                                            | 
+----------------------------------------------------------------------------+ 
 
+----------------------------------------------------------------------------+ 
|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:  |                   Nial.McCallum@Stonehage.com| 
+-----------------------------+----------------------------------------------+ 
|14. Contact name:            |                                 Nial McCallum| 
+-----------------------------+----------------------------------------------+ 
|15. Contact telephone number:|                                 01534 823 000| 
+-----------------------------+----------------------------------------------+ 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Max Property Group plc via Thomson Reuters ONE 
 
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