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  
attached:                                                                  Capital Plc    

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)
(if different from 3.):                                              Nortrust Nominees

5. Date of the transaction and date on
which the threshold is crossed or
reached:                                                             10th January 2014

6. Date on which issuer notified:                                    14th January 2014        
                                                                                        
7. Threshold(s) that is/are crossed or                                                            
reached:                                                                      Below 8%

8. Notified details:

A: Voting rights attached to shares 

Class/type    Situation previous      Resulting situation after the triggering         
of            to the triggering       transaction                                      
shares        transaction                                                                  
                                                                                          
if possible   Number      Number      Number      Number of voting    % of  voting rights 
using the     of          of          of shares   rights
ISIN CODE     Shares      Voting                   
                          Rights      Direct      Direct   Indirect   Direct   Indirect
Ord                       
GB00B0BDCB21  4,780,099   4,780,099   4,446,340   4,446,340           7.47%               


B: Qualifying Financial Instruments                                                       
                                                                                          
Resulting situation after the triggering transaction                                      
                                                                                          
Type of        Expiration     Exercise/             Number of voting         % of voting  
financial      date           Conversion Period     rights that may be       rights       
instrument                                          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       Exercise   Expiration   Exercise/    Number of voting     % of voting rights
financial     price      date         Conversion   rights instrument
instrument                            period       refers to
                                                                        Nominal    Delta      

                                                                                          
                                                                                          
Total (A+B+C)

Number of voting rights        Percentage of voting rights

4,446,340                      7.47%


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

Nortrust Nominees for Capital Gearing Portfolio Fund Plc - 2.65%                        

Nortrust Nominees for Capital Gearing Trust Plc - 1.18%                                 

Nortrust Nominees for CG Portfolio Fund Plc - 3.64%                                     

                                                                                        
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:                                         Richard Goody
                                                                                        
15. Contact telephone number:                       [phone]