Holding(s) in Company

Ricardo PLC
25 September 2006


Monday 25 September 2006

Ricardo plc (the 'Company'), on 22 September 2006, received notification from
UBS that, as at 18th September 2006, UBS AG, through its business group and
legal entities detailed below, had a notifiable interest in the Company of
2,999,025 Ordinary shares, representing 5.99% of the issued share capital of the
Company (50,010,903).

UBS business group / legal entity          Breakdown of position held
UBS Global Asset Management (Life) Ltd     2,980,067 shares               5.95%
UBS AG London Branch                       18,958 shares                  0.04%
UBS AG - Total                             2,999,025 shares               5.99%




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