Notification of Major Interest in Shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of          Allocate Software plc
existing shares to which voting rights are attached:

2 Reason for the notification (please tick the appropriate box or boxes):
                                                                                                    Yes
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):

3. Full name of person(s) subject to the notification         Electricity Supply Pension Scheme
obligation:

4. Full name of shareholder(s) (if different from 3.):       As Above

5. Date of the transaction and date on which the threshold    17 December 2009
is crossed or reached:

6. Date on which issuer notified:                            18 December 2009

7. Threshold(s) that is/are crossed or reached:               Reduced to 3.9363% of issued shares

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 using
the ISIN CODE
                    Number       Number        Number       Number of voting           % of  voting rights
                    of           of            of shares    rights
                    Shares       Voting
                                 Rights
                                               Direct       Direct        Indirect     Direct     Indirect
 Sedol              2,310,526                  2,310,526    2,310,526      -           3.9363      -
                                 2,310,526
 0436876                                                                                          

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction

Type of financial         Expiration   Exercise/                Number of voting          % of voting
instrument                date         Conversion               rights that may be        rights
                                       Period                   acquired if the
                                                                instrument is
                                                                exercised/ converted.

Total (A+B)

Number of voting rights                                      Percentage of voting rights
2,310,526                                                      3.9363%

Change of issued share capital

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

Proxy Voting:

10. Name of the proxy holder:                                 The investment managers controlling the
                                                             investments on behalf of the Scheme
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:                                             Tony Bentley

15. Contact telephone number:                                020 7803 3153

Allocate Software plc