Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Strategic Equity Capital Plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            Yes     
                                                                               
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):                                                        

3. Full name of person(s) subject to the notification obligation:    Smith &   
                                                                   Williamson  
                                                                  Holdings Ltd 
                                                                               
4. Full name of shareholder(s) (if different from 3.):               Various   
                                                                     Nominee   
                                                                    companies  
                                                                  used by Smith
                                                                  & Williamson 
                                                                   Investment  
                                                                   Management  
                                                                     Ltd as    
                                                                   detailed in 
                                                                    Section 9  
                                                                               
5. Date of the transaction (and date on which the threshold is    11 March 2008
crossed                                                                        
or reached if different):                                                      
                                                                               
6. Date on which issuer notified:                                 12 March 2008
                                                                               
7. Threshold(s) that is/are crossed or reached:                        5%      
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

 Class/type of   Situation previous   Resulting situation after the triggering 
     shares              to                         transaction                
  if possible      the Triggering                                              
 using the ISIN      transaction                                               
      CODE                                                                     
                                                                               
                  Number    Number   Number  Number of voting    % of voting   
                    of        of       of         rights           rights      
                  Shares    Voting   shares                                    
                            Rights                                             
                                                                               
                                     Direct  Direct Indirect  Direct  Indirect 
                                                                               
  GB00BOBDCB21   3,850,923 3,850,923                3,505,923           4.86   
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
3,505,923                               4.86%                                  

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

Royal Bank of Scotland as custodian for Smith & Williamson Fund Administration 
Limited, a subsidiary of Smith & Williamson Investment Management Limited,     
subsidiary of Smith & Williamson Holdings Limited: 1,678,500 shares.           
                                                                               
Smith & Williamson Nominees Limited, a subsidiary of Smith & Williamson        
Investment Management Limited, subsidiary of Smith & Williamson Holdings       
Limited: 1,547,923 shares.                                                     
                                                                               
The Corporation of Lloyds for whom Smith & Williamson Investment Management    
Limited, subsidiary of Smith & Williamson Holdings Limited are discretionary   
managers: 48,500 shares.                                                       
                                                                               
J P Morgan Chase Dublin as custodian for BNP Paribas Security Services Ltd as  
administrator for Smith & Williamson Investment Management Limited, subsidiary 
of Smith & Williamson Holdings Ltd: 231,000 shares.                            

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:                                                              
                                                                               
15. Contact telephone number: