Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Hg Capital Trust plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
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                               
                                                                               
Other (please specify): First notification of existing holding         Yes     
under Disclosure and Transparency Rules                                        

3. Full name of person(s) subject to the notification obligation  The Scottish 
(iii):                                                             Investment  
                                                                    Trust PLC  
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):                    
                                                                               
5. Date of the transaction (and date on which the threshold is         N/A     
crossed                                                                        
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                 6 March 2007 
                                                                               
7. Threshold(s) that is/are crossed or reached:                        N/A     
                                                                               
8. Notified details:                                                  First    
                                                                  notification 
                                                                   of existing 
                                                                  holding under
                                                                   Disclosure  
                                                                       and     
                                                                  Transparency 
                                                                     Rules.    

A: Voting rights attached to shares

Class/type of Situation previous    Resulting situation after the triggering   
   shares             to                        transaction (vii)              
 if possible    the Triggering                                                 
  using the    transaction (vi)                                                
  ISIN CODE                                                                    
                                                                               
               Number    Number    Number    Number of voting    % of voting   
                 of        of        of        rights (ix)          rights     
               Shares    Voting    shares                                      
                         Rights                                                
                         (viii)                                                
                                                                               
                                   Direct    Direct   Indirect Direct  Indirect
                                               (x)      (xi)                   
                                                                               
Ord shares of 1,200,000 1,200,000 1,200,000 1,200,000           4.76           
     25p                                                                       
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
1,200,000                               4.76                                   

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

N/A                                                                            

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:                                             Iain Harding     
                                                                               
15. Contact telephone number:                                 0131 225 7781    

Annex Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the                       
notification obligation                                                        
                                                                               
Full name (including legal form for legal entities)           The Scottish     
                                                              Investment Trust 
                                                              PLC              
                                                                               
Contact address (registered office for legal entities)        6 Albyn Place,   
                                                              Edinburgh, EH2   
                                                              4NL              
                                                                               
Phone number                                                  0131 225 7781    
                                                                               
Other useful information (at least legal representative for                    
legal persons)                                                                 
                                                                               
B: Identity of the notifier, if applicable (xvii)                              
                                                                               
Full name                                                                      
                                                                               
Contact address                                                                
                                                                               
Phone number                                                                   
                                                                               
Other useful information (e.g. functional relationship with                    
the person                                                                     
or legal entity subject to the notification obligation)                        

C: Additional information