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  |   Barclays Plc        |
| notification obligation[iii]:             |                       |
|-------------------------------------------+-----------------------|
| 4. Full name of shareholder(s) (if        |                       |
| different from 3.)[iv]:                   |                       |
|-------------------------------------------+-----------------------|
| 5. Date of the transaction (and date on   |      21 April 08      |
| which the threshold is crossed or reached |                       |
| if different)[v]:                         |                       |
|-------------------------------------------+-----------------------|
| 6. Date on which issuer notified:         |      22 April 08      |
|-------------------------------------------+-----------------------|
| 7. Threshold(s) that is/are crossed or    |       6% to 7%        |
| reached:                                  |                       |
|-------------------------------------------+-----------------------|
| 8. Notified details:                      |                   |   |
+-------------------------------------------------------------------+

 
 
 
 
 

+-------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                  |
|-------------------------------------------------------------------------------------|
|Class/type of    |Situation previous |Resulting situation after the triggering       |
|shares           |to the Triggering  |transaction[vii]                               |
| if possible     |transaction [vi]   |                                               |
|using the ISIN   |-------------------+-----------------------------------------------|
|CODE             |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      |        |         |
|-----------------+---------+---------+---------+---------+--------+--------+---------|
|                 |         |         |         |         |        |        |         |
|GB00B06CZD75     |728,097  |728,097  |798,097  |0        |798,097 |0.00    |7.53     |
+-------------------------------------------------------------------------------------+

 

+-------------------------------------------------------------------+
| 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 |
|-------------------------+--------------------|
|                         |                    |
| 798,097                 | 7.53               |
+----------------------------------------------+

 
 
 
 
 
 

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

 

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| 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:             |      Geoff Smith   |
|-------------------------------+--------------------|
| 15. Contact telephone number: |      020 7116 2913 |
+----------------------------------------------------+

 
 

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