Holding(s) in Company

TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     Strategic Equity Capital PLC   
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (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    EAST RIDING OF                         
notification obligation:                                                       
                                        YORKSHIRE COUNCIL                      
                                                                               
4. Full name of shareholder(s) (if      N/A                                    
different from 3):                                                             
                                                                               
5. Date of transaction (and date on     20/10/2009                             
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       21/10/2009                             
                                                                               
7. Threshold(s) that is/are crossed or  8%                                     
reached:                                                                       

8: Notified Details                                                          
                                                                             
A: Voting rights attached to shares                                          
                                                                             
Class/type   Situation previous  Resulting situation after the triggering    
of shares    to the triggering   transaction                                 
             transaction                                                     
If possible                                                                  
use ISIN                                                                     
code                                                                         
                                                                             

             Number of    Number of Number of Number of voting    Percentage of           
             shares       voting    shares    rights              voting rights           
                          rights                                                          
                                              Direct    Indirect  Direct  Indirect        
                                                                             
ORDINARY     6,755,000    6,775,000 4,000,000 4,000,000 N/A       5.21%    N/A    
                                                                             
GB00B0BDCB21                                                                 
                                                                             

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the                 
                                              instrument                       
                                              exercised/                       
                                              converted)                       
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
4,000,000                               5.21%                                  

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

Proxy Voting:                                                                  
                                                                               
10. Name of 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:             CALCULATION BASED ON 76.77MILLION      
                                        SHARES IN ISSUE                        
                                                                               
14 Contact name:                        JOANNA NOTTINGHAM                      
                                                                               
15. Contact telephone name:             01482 394149