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    29 September 
crossed                                                               2009     
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                 30 September 
                                                                      2009     
                                                                               
7. Threshold(s) that is/are crossed or reached:                        3%      
                                                                               
8. Notified details:                                                           

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 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  3,543,000 3,543,000 Below 3%  Below     0      Below     0    
                                                3%               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                     
                                                                               
Below 3%                                Below 3%                               

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:                                 N/A              
                                                                               
11. Number of voting rights proxy holder will cease to hold:  N/A              
                                                                               
12. Date on which proxy holder will cease to hold voting      N/A              
rights:                                                                        

13. Additional information:                                   Progressive      
                                                              European Markets 
                                                              Limited is       
                                                              investment       
                                                              manager to       
                                                              Advance UK Trust 
                                                              Plc              
                                                                               
14. Contact name:                                             Anthony Lee,     
                                                              Cavendish        
                                                              Administration   
                                                              Ltd (Company     
                                                              Secretary)       
                                                                               
15. Contact telephone number:                                 020 7490 4355