Holding(s) in Company

Dolphin Capital Investors Limited
18 January 2008


TR-1: Notifications of Major Interests in Shares




1. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:
                                                               Dolphin Capital Investors Ltd


2. Reason for notification (yes/no)


An acquisition or disposal of voting rights                                                Yes
An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached
                                                                                           No


An event changing the breakdown of voting rights                                           No


Other (please specify):______________                                                      No


3. Full name of person(s) subject to notification    Silver Capital Holdings Limited
obligation:


4. Full name of shareholder(s) (if different from    N/A
3):


5. Date of transaction (and date on which the        17/01/08
threshold is crossed or reached if different):


6. Date on which issuer notified:                    17/01/08


7. Threshold(s) that is/are crossed or reached:      6%

8: Notified Details

A: Voting rights attached to shares


Class/type of    Situation previous to the Resulting situation after the triggering transaction
shares           triggering transaction
                 Number of    Number of    Number of     Number of voting rights  Percentage of voting
If possible use  shares       voting       shares                                 rights
ISIN code                     rights

                                                         Direct       Indirect    Direct     Indirect
VGG2803G1028     27,305,000   27,305,000   33,705,000    33,705,000   N/A         6.51%      N/A






B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial   Expiration date     Exercise/          No. of voting rights     Percentage of
instrument                              conversion period/ that may be acquired (if voting rights
                                        date               the instrument exercised
                                                           /converted)
N/A                 N/A                 N/A                N/A                      N/A
Total (A+B)


Number of voting rights                             Percentage of voting rights


33,705,000                                          6.51%

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


N/A






Proxy Voting:


10. Name of 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:


13. Additional information:                          N/A


14 Contact name:                                     N/A


15. Contact telephone name:                          N/A





For notes on how to complete form TR-1 please see the FSA website.


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