Holding(s) in Company

Matchtech Group PLC
15 October 2007


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

    MATCHTECH GROUP PLC

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 (specify):                                                  ( )

3.  Full name of person(s) subject to the notification obligation:

    Octopus Asset Management Limited

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

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


    9 October 2007

6.  Date on which issuer notified:


    10 October 2007

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


    3%

8.  Notified details:



A. Voting rights attached to shares

Class/type of shares (if possible using the Ordinary GB00B013H060
ISIN code)

Situation previous to  Resulting situation after the triggering transaction
the triggering
transaction
Number of  Number of   Number of   Number of voting     % of voting rights
Shares     Voting      shares      rights
           Rights
                       Direct      Direct    Indirect   Direct    Indirect


657,310    657,310     706,070     706,070   0          3.07%     0


B. Financial Instruments

Resulting situation after the triggering transaction


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


n/a



Total (A+B)


Number of voting rights              % of voting rights


706,070                              3.07%



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 the proxy holder:       n/a

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:                  Chris Hulatt

15.  Contact telephone number:      020 7710 2804



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