Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                                           
attached:ii                                             Electra Private Equity plc      
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
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):                         Change in Delta adjusted voting rights X
                                                                                        
3. Full name of person(s) subject to the            Prudential plc group of companies   
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                        28 June 2011              
which the threshold is crossed or                                                       
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                             29 June 2011              
                                                                                        
7. Threshold(s) that is/are crossed or                         See item 13              
reached: vi, vii                                                                        
                                                                                        

 

 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type   Situation previous     Resulting situation after the triggering transaction
of           to the triggering                                                          
shares       transaction                                                                
                                                                                        
             Number     Number      Number       Number of voting   % of  voting rights 
if possible  of         of          of shares    rights             x                   
using        Shares     Voting                                                          
the ISIN                Rights      Direct       Direct xi Indirect Direct  Indirect    
CODE                                                       xii                          
                                                                                        
                                                                                        
                                                                                        
Ordinary                                                                                
Shares       2,544,094  2,544,094   2,544,094    2,542,269 1,825    7.19%   0.01%       
                                                                                        
GB0003085445                                                                            
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of        Expiration   Exercise/             Number of voting         % of voting  
financial      date xiii    Conversion Period xiv rights that may be       rights       
instrument                                        acquired if the                       
                                                  instrument is                         
                                                  exercised/ converted.                 
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of       Exercise  Expiration Exercise/     Number of voting      % of voting      
financial     price     date xvii  Conversion    rights instrument     rights xix, xx   
instrument                         period xviii  refers to                              
                                                                                        
                                                                                        
                                                                                        
5%                                                                                      
Convertible                                      312,190               Nominal Delta     
Bond          N/A       N/A        N/A                                                  
                                                                                        
GB00B5B0NW64                                                                  0.88%     
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                  Percentage of voting rights                    
                                                                                        
2,856,284                                8.08%                                          
                                                                                        

 

 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
Prudential plc (parent Company)                                                         
                                                                                        
M&G Group Limited (wholly owned subsidiary of Prudential plc)                           
                                                                                        
M&G Limited (wholly owned subsidiary of M&G Group Limited)                              
                                                                                        
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)              
                                                                                        
The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential         
plc)                                                                                    
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
                                                                                        
10. Name of the proxy holder:                                                           
                                                    N/A                                 
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                    N/A                                 
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                    N/A                                 
                                                                                        
                                                                                        
                                                                                        
                              The trigger for this notification is the movement from    
13. Additional information:   7.99% to 8.00% in the non-exempt holding, which makes up  
                              part of the 8.08% notifiable interest.                    
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
14. Contact name:             Eleanor Cranmer                                           
                                                                                        
                              Frostrow Capital LLP                                      
                                                                                        
                                                                                        
15. Contact telephone number:                                                           
                              020 3008 4613