Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                           
                                                                  
1. Identity of the issuer or the underlying issuer                                          
of existing shares to which voting rights are            Strategic Equity Capital plc       
attached:                                                                                 
                                                                                            
2 Reason for the notification (please tick the appropriate box or boxes):                   
                                                                                            
An acquisition or disposal of voting rights                                           Yes   
                                                                                            
An acquisition or disposal of qualifying financial instruments which may result       No    
in the acquisition of shares already issued to which voting rights are attached             
                                                                                            
An acquisition or disposal of instruments with similar economic effect to             No    
qualifying financial instruments                                                            
                                                                                            
An event changing the breakdown of voting rights                                      No    
                                                                                            
Other (please                                                                               
specify):                                                                                   
                                                                                            
3. Full name of person(s) subject to the                     MAM Funds Plc                  
notification obligation:                                                                 

4.Full name of shareholder(s)                                                                                             
 (if different from 3)                        * CF Miton Select Assets Portfolio - Bank of  
                                                New York Nominees                           
                                              * Iimia Investment Trust - Bank of New York   
                                                Nominees                                    
                                              * CF Midas Income Fund - Bank of New York     
                                                Nominees                                    
                                                                                            
5. Date of the transaction and date on                                                      
which the threshold is crossed or                           05 January 2011                 
reached:                                                                                  
                                                                                            
6. Date on which issuer notified:                           12 January 2011                 
                                                                                            
7. Threshold(s) that is/are crossed or                    Was 5.28%, Now 3.65%              
reached:                                                                            


8. Notified details:                                                                                   
                                                                                                       
A: Voting rights attached to shares                                                            
                                                                                                       
Class/type of    Situation previous         Resulting situation after the triggering transaction       
shares           to the triggering                                                                     
                 transaction                                                                           
                                                                                                       
if possible      Number        Number       Number      Number of voting       % of  voting rights    
using            of            of           of shares   rights                                         
the ISIN CODE    Shares        Voting                                                                  
                               Rights       Direct      Direct      Indirect   Direct       Indirect   
                                                                                      
GB00B0BDCB21    4,050,000     4,050,000    2,800,000   n/a         2,800,000  n/a          3.65%      
                                                                                                 
B: Qualifying Financial Instruments                                                                    
                                                                                                       
Resulting situation after the triggering transaction                                                   
                                                                                                       
Type of financial       Expiration  Exercise/               Number of voting         % of voting       
instrument              date        Conversion Period       rights that may be       rights            
                                                            acquired if the                            
                                                            instrument is                              
                                                            exercised/ converted.                      
                                                                                                       
n/a                     n/a         n/a                     n/a                      n/a               
                                                                                              
C: Financial Instruments with similar economic effect to Qualifying Financial                          
Instruments                                                                                   
                                                                                                       
Resulting situation after the triggering transaction                                                   
                                                                                                       
Type of financial  Exercise    Expiration Exercise/     Number of voting rights   % of voting rights   
instrument         price       date       Conversion    instrument refers to                  
                                          period                                                  
                                                                                               
                                                                                  Nominal      Delta   
                                                                                               
Total (A+B+C)                                                                                          
                                                                                                       
Number of voting rights                            Percentage of voting rights                         
                                                                                                       
2,800,000                                          3.65%                                               

9. Chain of controlled undertakings through which the voting rights and/or the            
financial instruments are effectively held, if applicable:                             
                                                                                          
  * CF Miton Select Assets Portfolio - Bank of New York Nominees Ltd a/c                  
    391998: 700,000    
                                                                   
  * Iimia Investment Trust - Bank of New York Nominees a/c 178055: 2,100,000              
                                                                                          
  * CF Midas Income Fund - Bank of New York Nominees a/c 392513: 0                            
                                                                                      
Proxy Voting:                                                                             
                                                                                          
10. Name of the proxy holder:                            n/a                              
                                                                                          
11. Number of voting rights proxy holder will cease      n/a                              
to hold:                                                                                  
                                                                                          
12. Date on which proxy holder will cease to hold        n/a                              
voting rights:                                                                            
                                                                 
                                            Midas Capital Partners Ltd and Miton Asset    
13. Additional information:                 Management Ltd are both subsidiaries of MAM   
                                            Funds Plc                                     
                                                                                          
14. Contact name:                           John Bradley                                  
                                                                                          
15. Contact telephone number:               0151 906 2462