Holding(s) in Company

Ricardo PLC
08 May 2008





TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


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

Ricardo Plc


2. Reason for the 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 notification obligation:

Lloyds TSB Group Plc
 

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

Boltro Nominees Ltd
Ward Nominees Ltd
Lloyds Bank (Pep Nominees)Limited
State Street Nominees Ltd

 

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

7th May 2008


6. Date on which issuer notified:

8th May 2008


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

Fallen Below 8%
 

8. Notified details:

A: Voting rights attached to shares

Class/type of shares            Situation previous to  
                                the Triggering
if possible using the           transaction           
ISIN CODE                             

                       Number of shares       Number of voting Rights 

  Ord
GBP0.25                4,101,731              4,101,731
0737007





Resulting situation after the triggering transaction 
 
Class/type of shares    Number of shares   Number of voting rights    % of voting rights  

if possible using                                                                 
the ISIN CODE                                                                         
                                           Direct       Indirect      Direct    Indirect  

  Ord
GBP0.25                 3,886,304                       3,886,304               7.615
0737007






B: Financial Instruments

Resulting situation after the triggering transaction 

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


 





Total (A+B)

Number of voting rights       % of voting rights 

3,886,304                     7.615




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

1,472 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of
Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

143 Shares are held by Ward Nominees Ltd, a wholly owned subsidiary of
Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 

709 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned
subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group 
Plc.  

3,883,980 Shares are held by State Street Nominees Ltd. Shares are under the
control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary
of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary
of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc,
a wholly owned subsidiary of Lloyds TSB Group Plc.




Proxy Voting:

 
10. Name of the proxy holder:


 

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:

Central Disclosure Unit


15. Contact telephone number:

[phone]




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