Holding(s) in Company

Ricardo PLC
26 June 2007



TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying       Ricardo Plc
issuer of 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
in the acquisition of shares already issued to which voting rights are    ---------
attached
------------------------------------------
An event changing the breakdown of voting rights
------------------------------------------                                ---------
Other (please specify):______________
------------------------------------------                                ---------
3. Full name of person(s) subject to the          Legal & General Group Plc (L&G)
notification obligation:                          --------------------
-------------------------------
4. Full name of shareholder(s) (if different from Legal & General Assurance
3.):                                              (Pensions Management) Limited
-------------------------------                   (PMC)
                                                  --------------------
5. Date of the transaction (and date on which the 22/06/07
threshold is crossed or reached if different):    --------------------
-------------------------------
6. Date on which issuer notified:                 26/06/07
-------------------------------                   --------------------
7. Threshold(s) that is/are crossed or reached:   From 6% -5% (L&G)
-------------------------------                   --------------------

8. Notified details:

A: Voting rights attached to shares
Class/   Situation previous to   Resulting situation after the triggering transaction
type of  the Triggering
shares   transaction
if
possible
using    Number of   Number of   Number of   Number of voting       % of voting
the ISIN Shares      Voting      shares      rights                 rights
CODE                 Rights
                                 Direct      Direct      Indirect   Direct   Indirect

Ord      3,391,912   3,391,912   3,003,207   3,003,207                5.92
25p

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

Total (A+B)
Number of voting rights                      % of voting rights
       3,003,207                                5.92



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

Legal & General Group Plc (Direct and Indirect) (Group)
(4,143,973-8.17% = Total Position)

Legal & General Investment Management (Holdings) Limited
(LGIMH) (Direct and Indirect) , (4,143,973-8.17% = Total
Position)

Legal & General Investment Management Limited (Indirect)
(LGIM) , (4,143,973-8.17% = Total Position)

Legal & General Group Plc (Direct) (L&G) (3,003,207 -5.92 % = LGAS, LGPL & PMC)

Legal & General Investment Management           Legal & General Insurance Holdings Limited
(Holdings) Limited (Direct) (LGIMHD) (1,696,061 (Direct) (LGIH)
- 3.34 % = PMC)

Legal & General Assurance (Pensions Management) Legal & General Assurance Society Limited
Limited (PMC) (1,696,061 - 3.34 % = PMC)        (LGAS & LGPL)

                                                Legal & General Pensions Limited (Direct)
                                                (LGPL)

Proxy Voting:
10. Name of the proxy holder:                                             N/A
11. Number of voting rights proxy holder will cease to hold:              N/A
12. Date on which proxy holder will cease to hold voting rights:          N/A

13. Additional           Notification using the total voting rights figure of
information:             50,698,733
14. Contact name:        Helen Lewis (LGIM)
15. Contact
telephone
number:                  020 7528 6742




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