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                                    
                                                                               
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): Restatement of existing holding                Yes     

3. Full name of person(s) subject to the notification obligation:   SVM Asset  
                                                                   Management  
                                                                     Limited   
                                                                               
4. Full name of shareholder(s) (if different from 3.):             Clients of  
                                                                    SVM Asset  
                                                                   Management  
                                                                     Limited   
                                                                               
5. Date of the transaction (and date on which the threshold is                 
crossed                                                                        
or reached if different) :                                                     
                                                                               
6. Date on which issuer notified:                                  29 May 2009 
                                                                               
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
                                                                               
   Ordinary     4,200,000          4,200,000 4,200,000           5.8%          
                                                                               
 GB00BOBDCB21                                                                  
                                                                               

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                     
                                                                               
4,200,000                               5.8%                                   

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



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:                                   Based on issued  
                                                              share capital of 
                                                              72,626,000       
                                                              Ordinary shares  
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone number: