Holding(s) in Company

Financial Services Authority

 

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                                      Yes    
                                                                                        
                                                                                        
                                                                                        
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                      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                                 23 September 2009     
reached:                                                                                
                                                                                        
                                                                                        
                                                                                        
6. Date on which issuer notified:                                 25 September 2009     
                                                                                        
7. Threshold(s) that is/are crossed or                                                  
reached:                                                         From 3% - 4% (L&G)     
                                                                                        
                                                                                        

8. Notified details:                                                                                    
                                                                                                        
                                                                                                     
A: Voting rights attached to shares                                                                     
                                                                                                        
Class/           Situation previous             Resulting situation after the triggering transaction    
type of          to the triggering                                                                      
shares              transaction                                                                         
                                                                                                        
                 Number           Number                        Number of voting    % of  voting rights 
if                 of               of                               rights                             
possible         Shares           Voting         Number                                                 
using                             Rights        of shares                                               
the ISIN                                                                                                
CODE                                                            Direct    Indirect  Direct   Indirect   
                                                                                                        
ORD                                                                                                     
                                                                                                       
GBP 0.25       1,003,177         1,003,177      1,009,318     1,009,318              4.00               
                                                                                                        
                                                                                                
                                                                                                        
                                                                                                        
                                                                                                        
B: Qualifying Financial Instruments                                                                     
                                                                                                        
Resulting situation after the triggering transaction                                                    
                                                                                                        
                                                               Number of voting                         
                                                               rights that may be                       
Type of     Expiration           Exercise/                     acquired if the            % of voting   
financial   date                 Conversion Period             instrument is              rights        
instrument                                                     exercised/ converted.                    
                                                                                                        
                                                                                                        
                                                                                                        
                                                                                                        
                                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial                           
Instruments                                                                                             
                                                                                                        
Resulting situation after the triggering transaction                                                    
                                                                                                        
                                                                                                        
                                                                                                        
Type of    Exercise price       Expiration Exercise/          Number of voting rights  % of voting      
financial                       date       Conversion period  instrument refers to     rights           
instrument                                                                                              
                                                                                                                    
                                                                                       Nominal    Delta    
                                                                                                        
                                                                                                        
                                                                                                        
                                                                                                        
                                                                                                        
Total (A+B+C)                                                                                           
                                                                                                        
Number of voting rights                             Percentage of voting rights                         
                                                                                                        
                                  
              1,009,318                                              4.00                        
                                                                                                        
                                                                                                        
                                                                                                        

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) (1,009,318 -4.00 % = LGAS, LGPL & PMC)         
                                                                                        
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)              
(931,679 -3.69 % = PMC)                                                                 
                                                                                        
Legal & General Assurance (Pensions Management) Limited  (PMC) (931,679 -3.69           
% = PMC)                                                                                
                                                                                        
Legal & General Insurance Holdings Limited (Direct) (LGIH)                              
                                                                                        
Legal & General Assurance 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:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                 Notification using the total voting rights figure of   
13. Additional information:                           25,186,755                        
                                                                                        
                                                                                        
                                                                                        
14. Contact name:                                 Helen Lewis (LGIM)                    
                                                                                        
15. Contact telephone number:                       020 3124 3851