Holding(s) in Company

Petards Group PLC 02 March 2006 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Petards Group plc 2. Name of shareholder having a major interest Close Brothers Group plc 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18. Close Beacon Investment Fund 24,166,666 Close Brothers AIM VCT PLC 38,666,667 Finsbury Technology Trust PLC 41,500,000 Other Investment Funds 20,666,667 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them As above 5. Number of shares/amount of stock acquired Not disclosed 6. Percentage of issued class N/A 7. Number of shares/amount of stock disposed Not disclosed 8. Percentage of issued class N/A 9. Class of security Ordinary shares 10. Date of transaction 28th February 2006 11. Date company informed 2nd March 2006 12. Total holding following this notification 125,000,000 13. Total percentage holding of issued class following this notification 20.09% 14. Any additional information 15. Name of contact and telephone number for queries Andrew Wonnacott 01932 788288 16. Name and signature of authorised company official responsible for making this notification. Andrew Wonnacott, Finance Director Date of notification: 2nd March 2006 This information is provided by RNS The company news service from the London Stock Exchange
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