WMK Journey Grp

RNS Number:9420G
Watermark Group PLC
02 November 2007


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

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 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 (specify):                                                  ( )

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

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 if different):
    31/10/2007

6.  Date on which issuer notified:
    02/11/2007

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

8.  Notified details:

A. Voting rights attached to shares

Class/type of shares (if possible using the Ordinary (GB0009422097)
ISIN code)

Situation previous to  Resulting situation after the triggering transaction
   the triggering
     transaction
Number of    Number of    Number of    Number of voting      % of voting rights
Shares       Voting       shares       rights
             Rights
                          Direct       Direct     Indirect    Direct    Indirect
3,207,619    3,207,619    3,298,647    3,298,647  8,972       7.0%      0.02%


B. Financial Instruments

Resulting situation after the triggering transaction
Type of       Expiration   Exercise/             Number of voting    % of voting
financial     date         Conversion Period/    rights that may     rights
instrument                 Date                  be acquired if
                                                 the instrument is
                                                 exercised/
                                                 converted

Total (A+B)
Number of voting rights              % of voting rights
3,307,619                            7.0%

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

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:                 Peter Fitzwilliam

15.  Contact telephone number:     0208 6062170




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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