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                            X                                          
                                                                                            
An acquisition or disposal of qualifying financial instruments which may result             
in the acquisition of shares already issued to which voting rights are attached             
                                                                                            
An acquisition or disposal of instruments with similar economic effect to                   
qualifying financial instruments                                                            
                                                                                            
An event changing the breakdown of voting rights                                            
                                                                                            
Other (please                                                                               
specify):                                                                                   
                                                                                            
3. Full name of person(s) subject to the        CG Asset Management Limited                 
notification obligation:                                                                
                                                                                            
4. Full name of shareholder(s)                             Nortrust Nominees                
 (if different from 3.):                                                                  
                                                                                            
5. Date of the transaction and date on                                                      
which the threshold is crossed or                            5th April 2012                 
reached:                                                                                  
                                                                                            
6. Date on which issuer notified:                           11th April 2012                 
                                                                                            
7. Threshold(s) that is/are crossed or                            >5%                       
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   
                                                                                                   
                                                                                                      
                                                                                                      
                 3,426,420     3,426,420    3,656,420   3,656,420             5.21%                   
Ord                                                                                                   
                                                                                                      
                                                                                                      
                                                                                                      
GB00B0BDCB21                                                                                          
                                                                                                      
                                                                                                      
                                                                                                      
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.                     
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
                                                                                                      
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                        
                                                                                                      
3,656,420                                          5.21%                                              
                                                                                                      

9. Chain of controlled undertakings through which the voting rights and/or the            
financial instruments are effectively held, if applicable:                             
                                                                                          
                                                                                          
                                                                                          
Nortrust Nominees for CG Portfolio Fund Ltd - 0.80%                                       
                                                                                          
                                                                                          
                                                                                          
Nortrust Nominees for Capital Gearing Trust Plc - 1.07%                                   
                                                                                          
                                                                                          
                                                                                          
Nortrust Nominees for CG Portfolio Fund Plc - 3.34%                                       
                                                                                          
                                                                                          
                                                                                                   
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:                                                               
                                                                                          
14. Contact name:                                                                         
                                                                                          
15. Contact telephone number: