Holding(s) in Company

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: (    )

An event changing the breakdown of voting rights: (    )

Other (please specify) : Initial disclosure (    )

3. Full name of person(s) subject to the notification obligation
(iii):

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD

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):

7 OCTOBER 2008

6. Date on which issuer notified:

8 OCTOBER 2008

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

ABOVE 8%

8. Notified details:



A: Voting rights attached to shares


Class/type of shares if possible Situation previous to the Triggering
using the ISIN CODE                        transaction (vi)
                                 Number of shares   Number of voting
                                                    Rights (viii)
GB0007156838                     1,338,500          1,338,500



Resulting situation after the triggering transaction (vii)


Class/type of shares Number of Number of voting     % of voting
if possible using    shares    rights (ix)          rights
the ISIN CODE
                     Direct    Direct (x)  Indirect Direct  Indirect
                                           (xi)
GB0007156838         1,353,500 1,353,500            8.01%


B: Financial Instruments
Resulting situation after the triggering transaction (xii)


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




Total (A+B)

Number of voting rights % of voting rights
1,353,500               8.01%


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


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

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