Holding(s) in Company

Quadnetics Group plc 20 March 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Quadnetics Group Plc 2. Reason for the notification (please state 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: NO An event changing the breakdown of voting rights: NO Other (please specify): NO 3. Full name of person(s) subject to the notification obligation (iii): HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED 4. Full name of shareholder(s) (if different from 3.) (iv): Whitehall Consolidated Ltd 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 18 March 2008 6. Date on which issuer notified: 19 March 2008 7. Threshold(s) that is/are crossed or reached: Above 4% 8. Notified details: A: Voting rights attached to shares Class/type Situation Resulting situation after the triggering of shares previous to the transaction vii If possible triggering Number Number of voting % voting rights using the transaction vi of rights ISIN code shares Number Number Direct Direct Indirect Direct Indirect of of x xi shares voting rights viii GB0007156838 405,000 405,000 835,000 835,000 - 4.94% - B: Financial Instruments Resulting situation after the triggering transaction xii Type of Expiration Exercise/Conversion Number of voting % financial date xiii Period/Date xiv rights that may be voting instrument acquired if this rights instrument is exercised/converted - - - - - Total (A+B) Number of voting rights % of voting rights 835,000 4.94% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): N/A 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 information: N/A 14. Contact name: Beat Bass, HSBC Guyerzeller Bank AG 15. Contact telephone number: 0041 58 206 77 41 ENDS ---END OF MESSAGE---

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