Church House Investments Ltd - Holding(s) in Company

    Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex  
                                            
For filings with issuer exclude the annex   

TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying            Alexon Group Plc        
issuer of 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 No        
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                     No        
                                                                               
Other (please specify):______________                                No        
                                                                               
3. Full name of person(s) subject to    Church House Investments Ltd.          
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if                                             
different from 3):                                                             
                                                                               
5. Date of transaction (and date on     1st October 2008                       
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       2nd October 2008                       
                                                                               
7. Threshold(s) that is/are crossed or  3%                                     
reached:                                                                       

8: Notified Details                                                           
                                                                              
A: Voting rights attached to shares                                           
                                                                              
Class/type of Situation previous  Resulting situation after the triggering    
shares        to the triggering   transaction                                 
              transaction                                                     
If possible                                                                   
use ISIN code                                                                 
                                                                              
                                                                              

Number of   Number of Number   Number of voting    Percentage of          
shares      voting    of       rights              voting rights          
            rights    shares                                              
                                                                          
                               Direct    Indirect  Direct Indirect        
                                                                          
GB00B28Y7M8 1,241,833          1,400,000 1,400,000        3.07            

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the                 
                                              instrument                       
                                              exercised/                       
                                              converted)                       
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
1'400'000                               3.07                                   

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

Proxy Voting:                                                                  
                                                                               
10. Name of 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:                        Jeroen Bos                             
                                                                               
15. Contact telephone name:             01935 382 656                          

For notes on how to complete form TR-1 please see the FSA website.

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in shares                               

A: Identity of the persons or legal entity subject to the notification         
obligation                                                                     
                                                                               
Full name                               Church House Investments Limited       
                                                                               
(including legal form of legal                                                 
entities)                                                                      
                                                                               
Contact address                         3 Goldcroft,                           
                                                                               
(registered office for legal entities)  Yeovil,                                
                                                                               
                                        Somerset BA21 4DQ                      
                                                                               
Phone number & email                    01935 382 613                          
                                                                               
Other useful information                Judith Palmer, Compliance              
                                                                               
(at least legal representative for                                             
legal persons)                                                                 

B: Identity of the notifier, if applicable                                     
                                                                               
Full name                               Jeroen Bos                             
                                                                               
Contact address                         3 Goldcroft'                           
                                                                               
                                        Yeovil,                                
                                                                               
                                        Somerset BA21 4 DQ                     
                                                                               
Phone number & email                    01935 382 656                          
                                                                               
                                        j.bos@church-house.co.uk               
                                                                               
Other useful information                                                       
                                                                               
(e.g. functional relationship with the                                         
person or legal entity subject to the                                          
notification obligation)                                                       

C: Additional information                                                      
                                                                               



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