Holding(s) in Company

TR-1[i]:               notification of major interests in shares

+-------------------------------------------------------------------+
| 1. Identity of the issuer or the          |      Billam plc       |
| underlying issuer of existing shares to   |                       |
| which voting rights are attached[ii]:     |                       |
|-------------------------------------------------------------------|
| 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 financial instruments which    |    |
| may result in the acquisition of shares already issued to    |    |
| which voting rights are attached                             |    |
|--------------------------------------------------------------+----|
| An event changing the breakdown of voting rights             |    |
|--------------------------------------------------------------+----|
| Other (please specify):                                      |    |
| crossed________________________________________              |    |
|-------------------------------------------------------------------|
| 3. Full name of person(s) subject to the  |    William Weston     |
| notification obligation[iii]:             |                       |
|-------------------------------------------+-----------------------|
| 4. Full name of shareholder(s) (if        |     05/10/2007        |
| different from 3.)[iv]:                   |                       |
|-------------------------------------------+-----------------------|
| 5. Date of the transaction (and date on   |                       |
| which the threshold is crossed or reached |                       |
| if different)[v]:                         |                       |
|-------------------------------------------+-----------------------|
| 6. Date on which issuer notified:         |      08/10/2007       |
|-------------------------------------------+-----------------------|
| 7. Threshold(s) that is/are crossed or    |          11%          |
| reached:                                  |                       |
|-------------------------------------------+-----------------------|
| 8. Notified details:                      |                   |   |
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+---------------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                          |
|---------------------------------------------------------------------------------------------|
|Class/type of shares   |Situation previous to|Resulting situation after the triggering       |
| if possible using the |the Triggering       |transaction[vii]                               |
|ISIN CODE              |transaction [vi]     |                                               |
|                       |---------------------+-----------------------------------------------|
|                       |Number of|Number of  |Number of|Number of voting  |% of voting rights|
|                       |Shares   |Voting     |shares   |rights ix         |                  |
|                       |         |Rights viii|---------+------------------+------------------|
|                       |         |           |Direct   |Direct  x|Indirect|Direct  |Indirect |
|                       |         |           |         |         |xi      |        |         |
|-----------------------+---------+-----------+---------+---------+--------+--------+---------|
|Ords 20p               |1,050,000|1,050,000  |1,175,000|1,175,000|        |11.1    |         |
|GB00B06CZD75           |         |           |         |         |        |        |         |
+---------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| B: Financial Instruments                                          |
|-------------------------------------------------------------------|
| Resulting situation after the triggering transaction xii          |
|-------------------------------------------------------------------|
| Type of    | Expiration | Exercise/    | Number of       | % of   |
| financial  | date xiii  | Conversion   | voting rights   | voting |
| instrument |            | Period/ Date | that may be     | rights |
|            |            | xiv          | acquired if the |        |
|            |            |              | instrument is   |        |
|            |            |              | exercised/      |        |
|            |            |              | converted.      |        |
|------------+------------+--------------+-----------------+--------|
|            |            |              |                 |        |
+-------------------------------------------------------------------+



+----------------------------------------------+
| Total (A+B)                                  |
|----------------------------------------------|
| Number of voting rights | % of voting rights |
|-------------------------+--------------------|
| 1,175,000               | 11.1               |
+----------------------------------------------+








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



+-------------------------------------------------------------------+
| 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:             | William Weston |
|-------------------------------+----------------|
| 15. Contact telephone number: |                |
+------------------------------------------------+

Annex Notification Of Major Interests In Shares xvi

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| A: Identity of the person or legal entity subject to the          |
| notification obligation                                           |
|-------------------------------------------------------------------|
| Full name (including legal form for legal        | William Weston |
| entities)                                        |                |
|--------------------------------------------------+----------------|
| Contact address (registered office for legal     |                |
| entities)                                        |                |
|--------------------------------------------------+----------------|
| Phone number                                     |                |
|--------------------------------------------------+----------------|
| Other useful information (at least legal         |                |
| representative for legal persons)                |                |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| B:        Identity of the notifier, if applicable xvii            |
|-------------------------------------------------------------------|
| Full name                                 | Alex Stanbury         |
|-------------------------------------------+-----------------------|
| Contact address                           | Dawnay, Day Corporate |
|                                           | Finance Ltd.          |
|                                           | 17 Grosvenor Gardens  |
|                                           | SW1W 0BD              |
|-------------------------------------------+-----------------------|
| Phone number                              | 020 7509 2319         |
|-------------------------------------------+-----------------------|
| Other useful information (e.g. functional |                       |
| relationship with the person or legal     |                       |
| entity subject to the notification        |                       |
| obligation)                               |                       |
+-------------------------------------------------------------------+



+----------------------------------+
| C:        Additional information |
|----------------------------------|
|                                  |
+----------------------------------+


Notes


[i]               This form is to be sent to the issuer or underlying
issuer and to be filed with the competent authority.
[ii]               Either the full name of the legal entity or
another method for identifying the issuer or underlying issuer,
provided it is reliable and accurate.
[iii]              This should be the full name of (a) the
shareholder; (b) the person acquiring, disposing of or exercising
voting rights in the cases provided for in DTR5.2.1 (b) to (h);  (c)
all the parties to the agreement referred to in DTR5.2.1 (a), or (d)
the direct or indirect holder of financial instruments entitled to
acquire shares already issued to which voting rights are attached, as
appropriate.
In relation to the transactions referred to in points DTR5.2.1 (b) to
(h), the following list is provided as indication of the persons who
should be mentioned:
-               in the circumstances foreseen in  DTR5.2.1 (b), the
person that acquires the voting rights and is entitled to exercise
them under the agreement and the natural person or legal entity who
is transferring temporarily for consideration the voting rights;
-               in the circumstances foreseen in DTR 5.2.1 (c), the
person holding the collateral, provided the person or entity controls
the voting rights and declares its intention of exercising them, and
person lodging the collateral under these conditions;
-               in the circumstances foreseen in DTR5.2.1(d), the
person who has a life interest in shares if that person is entitled
to exercise the voting rights attached to the shares and the person
who is disposing of the voting rights when the life interest is
created;
-               in the circumstances foreseen in DTR5.2.1 (e), the
parent undertaking and, provided it has a notification duty at an
individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a
combination of any of those situations, the controlled undertaking;
-               in the circumstances foreseen in DTR5.2.1 (f), the
deposit taker of the shares, if he can exercise the voting rights
attached to the shares deposited with him at his discretion, and the
depositor of the shares allowing the deposit taker to exercise the
voting rights at his discretion;
-               in the circumstances foreseen in DTR5.2.1 (g), the
person  that controls the voting rights;
-               in the circumstances foreseen in DTR5.2.1 (h), the
proxy holder, if he can exercise the voting rights at his discretion,
and the shareholder who has given his proxy to the proxy holder
allowing the latter to exercise the voting rights at his discretion.
[iv]              Applicable in the cases provided for in DTR 5.2.1
(b) to (h). This should be the full name of the shareholder or holder
of financial instruments who is the counterparty to the natural
person or legal entity referred to in DTR5.2.
[v]               The date of the transaction should normally be, in
the case of an on exchange transaction, the date on which the
matching of orders occurs; in the case of an off exchange
transaction, date of the entering into an agreement.
The date on which threshold is crossed should normally be the date on
which the acquisition, disposal or possibility to exercise voting
rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the
date when the corporate event took effect.
These dates will usually be the same unless the transaction is
subject to a condition beyond the control of the parties.
[vi]              Please refer to the situation disclosed in the
previous notification, In case the situation previous to the
triggering transaction was below 3%, please state 'below 3%'.
vii If the holding has fallen below the minimum threshold , the
notifying party should not be obliged to disclose the extent of the
holding, only that the new holding is less than 3%.
For the case provided for in DTR5.2.1(a), there should be no
disclosure of individual holdings per party to the agreement unless a
party individually crosses or reaches an Article 9 threshold. This
applies upon entering into, introducing changes to or terminating an
agreement.
viii                   Direct and indirect
ix              In case of combined holdings of shares with voting
rights attached 'direct holding' and voting rights 'indirect
holdings', please split the voting rights number and percentage into
the direct and indirect columns-if there is no combined holdings,
please leave the relevant box blank.
X              Voting rights attached to shares in respect of which
the notifying party is a direct shareholder  (DTR 5.1)
xi                     Voting rights held by the notifying party as
an indirect shareholder (DTR 5.2.1)
xii             If the holding has fallen below the minimum
threshold, the notifying party should not be obliged to disclose the
extent of the holding, only that the new holding is below 3%.
xiii             date of maturity / expiration of the finical
instrument i.e. the date when the right to acquire shares ends.
xiv                   If the financial instrument has such a
period-please specify the period- for example once every three months
starting from the [date]
xv             The notification should include the name(s) of the
controlled undertakings through which the voting rights are held. The
notification should also include the amount of voting rights and the
percentage held by each controlled undertaking, insofar as
individually the controlled undertaking holds 3% or more, and insofar
as the notification by the parent undertaking is intended to cover
the notification obligations of the controlled undertaking.
xvi             This annex is only to be filed with the competent
authority.
xvii            Whenever another person makes the notification on
behalf of the shareholder or the natural person/legal entity
referred to in DTR5.2 and DTR5.3.

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