Holding(s) in Company

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:                                                         HG Capital Trust Plc   
                                                                                        
                                                                                          
2. Reason for the notification (please tick the appropriate box or boxes):              
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                         
An acquisition or disposal of qualifying financial instruments which may                
result in the acquisition of shares already issued to which voting rights        Yes    
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                      Legal & General Group Plc 
notification obligation:                                                (L&G)           
                                                                                        
4. Full name of shareholder(s)                                Legal & General Assurance 
 (if different from 3.):                                        (Pensions Management)   
                                                                    Limited (PMC)       
                                                                                         
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                   07 April 2010       
reached:                                                                                
                                                                                        
                                                                                        
6. Date on which issuer notified:                                   28 April 2010       
                                                                                        
7. Threshold(s) that is/are crossed or                                                  
reached:                                                         L&G (From 3% to 4%)    
                                                                                        
     
8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares                                                     
                                                                                        
Class/type of Situation previous   Resulting situation after the triggering transaction 
shares         to the triggering                                                        
                  transaction                                                           
if possible    Number    Number                Number of voting     % of  voting rights 
using            of        of                       rights                              
the ISIN CODE  Shares    Voting    Number                                               
                         Rights   of shares                                             
                                              Direct     Indirect  Direct    Indirect   
                                                                              
Ordinary 25p       991,318        1,131,392  1,131,392             3.637%               
              (As on 06/10/2009)                                                        
                                                                                        
                                                                                         
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
                                                       Number of voting                 
                                                       rights that may                  
Type of      Expiration  Exercise/                     be                % of voting    
financial    date        Conversion Period             acquired if the   rights         
instrument                                             instrument is                    
                                                       exercised/                       
                                                       converted.                       
                                                                                        
                         If exercised in 2011 or 2012,                                  
                         a Subscription Price of £9.50                                  
                         per Ordinary Share and if                                      
Subscription 31/05/2013  exercised on 31 May 2013, a   Direct 226,341    0.727%         
Shares                   Subscription Price of £10.25                                   
                         per Ordinary Share.                                            
                                                                                        
                                                                                        
                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments                                                                             
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                          
                                                                                        
Type of        Exercise     Expiration  Exercise/     Number of voting % of voting      
financial      price        date        Conversion    rights           rights           
instrument                              period        instrument                        
                                                      refers to                         
                                                                       Nominal    Delta    
                                                                                            
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                   Percentage of voting rights                   
1,357,733                                 4.36%                     
                                                                                        

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                              
                                                                                        
                                                                                         
Legal & General Group Plc (Direct and Indirect)                                         
(Group)                                                                                 
                                                                                        
Legal & General Investment Management (Holdings)                                        
Limited (LGIMH) (Direct and Indirect)                                                   
                                                                                        
Legal & General Investment Management Limited                                           
(Indirect) (LGIM)                                                                       
                                                                                        
Legal & General Group Plc (Direct) (L&G) ( 1,357,733 - 4.36%= LGAS, LGPL & PMC)         
                                                                                        
Legal & General Investment Management (Holdings)  Legal & General Insurance             
Limited (Direct) (LGIMHD) ( 1,248,019 - 4.01%=    Holdings Limited (Direct)             
PMC)                                              (LGIH)                                
                                                                                        
Legal & General Assurance (Pensions Management)   Legal & General Assurance             
Limited  (PMC) ( 1,248,019 - 4.01%= PMC)          Society Limited  (LGAS &              
                                                  LGPL)                                 
                                                                                        
                                                  Legal & General Pensions              
                                                  Limited (Direct)  (LGPL)              
                                                                                        
                                                                                         
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                       N/A                 
                                                                                        
11. Number of voting rights proxy holder will cease                 N/A                 
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                   N/A                 
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                           
                                                                                        
                                 
13. Additional information:      Notification using the total voting rights figure of 31,103,915                        
                                                                                        
                              Position has been recalculated to include shares held on  
                              the subscription line.                                    
                                                                                        
14. Contact name:                                Wayne Powell (LGIM)                    
                                                                                        
15. Contact telephone number:                       020 3124 3851