Holding(s) in Company

Filtronic PLC
01 April 2008


TR-1: Notifications of Major Interests in Shares


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

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights                                 Yes

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

An event changing the breakdown of voting rights                            No

Other (please specify): ______________                                      N/A

3. Full name of person(s) subject to notification    North Atlantic Value LLP
obligation:

4. Full name of shareholder(s) (if different from    1.    North Atlantic Smaller Companies

3):                                                  Investment Trust Plc



                                                     2.    Atlantic Value LLP (as Investment Manager
                                                     /Adviser to other fund management clients)


5. Date of transaction (and date on which the        25 March 2008
threshold is crossed or reached if different):

6. Date on which issuer notified:                    26 March 2008

7. Threshold(s) that is/are crossed or reached:      Through 11% and individual holding through 6%

8. Notified Details

A: Voting rights attached to shares
Class/type of    Situation previous to Resulting situation after the triggering transaction
shares           the triggering
                 transaction
If possible
                 Number of  Number of  Number of shares  Number of voting       Percentage of voting
use ISIN         shares     voting                       rights                 rights
                            rights
code
                                                         Direct      Indirect   Direct    Indirect

              1) 1,389,313  1,389,313  4,700,339         4,700,339              6.32%

              2) 3,734,733  3,734,733  3,750,000         3,750,000              5.05%
Ordinary
0336299


B: Financial Instruments

Resulting situation after the triggering transaction
Type of          Expiration date  Exercise/       No. of voting rights that may Percentage of voting
financial                                         be acquired (if the           rights
instrument                        conversion      instrument exercised/
                                  period/date     converted)

N/A              N/A              N/A             N/A                           N/A

Total (A+B)
Number of voting rights                              Percentage of voting rights

8,450,339                                            11.37%


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:                          North Atlantic Value LLP is the investment
                                                     manager/advisor in respect of the full 11.37%
                                                     holding as it is investment manager/adviser to
                                                     Holder 1 as well as the other clients included
                                                     in Holder 2.

14. Contact name:                                    Jenny Hogg

15. Contact telephone name:                          020 7747 5681




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