Holding(s) in Company

Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments – Article 11(3) of the Commission Directive 2007/14/EC
 
1.    Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Aryzta AG
 
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 
[x] Merger of IAWS Group Plc and Hiestand Holding AG to create ARYZTA AG 
 
3.    Full name of person(s) subject to the notification obligation: Lion/Hotel Dutch 1 B.V., Fred Roeskestraat 123 – 1, 1076 EE Amsterdam, Netherlands
 
4.    Full name of shareholder(s) (if different from 3.):
 
5.     Date of the transaction and date on which the threshold is crossed or reached: 22 August 2008 (Listing)
 
6.    Date on which issuer notified; 27 August 2008
 
7.     Threshold(s) that is/are crossed or reached: 3% 
 
8.     Notified details: 

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)
Situation previous to the Triggering transaction 
Resulting situation after the triggering transaction
Number of Shares
Number of Voting rights
Number of shares
Number of voting rights
% of voting rights
Direct
Direct
Indirect
Direct
Indirect
CH0043238366
0
0
6,350,000
6,350,000

8.19%









SUBTOTAL A (based on aggregate voting rights)
0
0
6,350,000
6,350,000
8.19%
  
B) Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument 
Expiration Date
Exercise/Conversion Period/ Date
Number of voting rights that may be acquired if the instrument is exercised/converted 
% of voting rights











SUBTOTAL B (in relation to all expiration dates)



Total (A+B)
number of voting rights
% of voting rights
6,350,000
6,350,000
8.19%

9.    Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 
 
10.    In case of proxy voting: 
 
11.    Additional information: Done at Amsterdam on the 28th August 2008. 
Lion/Hotel Dutch 1 B.V.

R. Posthumus 
Managing Director