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): 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 Advance UK (iii): Trust Plc 4. Full name of shareholder(s) (if different from 3.) (iv): Nortrust Nominees Limited 5. Date of the transaction (and date on which the threshold is 8 February crossed 2008 or reached if different) (v): 6. Date on which issuer notified: 11 February 2008 7. Threshold(s) that is/are crossed or reached: 3% 8. Notified details: A: Voting rights attached to shares Class/type of Situation Resulting situation after the triggering shares previous to transaction (vii) if possible the Triggering using the ISIN transaction (vi) 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) Ordinary Shares Below Below 3% 2,200,000 2,200,000 0 3.04% 0 3% GB00BOBDCB21 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 2,200,000 3.04% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): 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: Progressive European Markets Limited is investment manager to Advance UK Trust Plc 14. Contact name: Mr Anthony Lee, Cavendish Administration Ltd (Company Secretary) 15. Contact telephone number: 020 7490 4355
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