Holding(s) in Company

+--------------------------------------------+
| For filings with the FSA include the annex |
| For filings with issuer exclude the annex  |
+--------------------------------------------+



+--------------------------------------------------+
| TR-1: Notifications of Major Interests in Shares |
+--------------------------------------------------+



+-------------------------------------------------------------------+
| 1. Identity of the issuer or the           | Quadnetics Group plc |
| underlying issuer of existing shares to    |                      |
| which voting rights are attached:          |                      |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
|                                                                   |
| 2. Reason for notification (yes/no)                               |
|-------------------------------------------------------------------|
|                                                             | Yes |
| An acquisition or disposal of voting rights                 |     |
|-------------------------------------------------------------+-----|
|                                                             |     |
| 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     | HSBC GLOBAL CUSTODY    |
| notification obligation:                 | NOMINEE (UK) LTD       |
|------------------------------------------+------------------------|
|                                          | Whitehall Consolidated |
| 4. Full name of shareholder(s) (if       | Ltd                    |
| different from 3):                       |                        |
|------------------------------------------+------------------------|
|                                          | 19.03.2009             |
| 5. Date of transaction (and date on      |                        |
| which the threshold is crossed or        |                        |
| reached if different):                   |                        |
|------------------------------------------+------------------------|
|                                          | 20.03.2009             |
| 6. Date on which issuer notified:        |                        |
|------------------------------------------+------------------------|
|                                          | Above 9%               |
| 7. Threshold(s) that is/are crossed or   |                        |
| reached:                                 |                        |
+-------------------------------------------------------------------+




+---------------------------------------------------------------------------------------------+
|8: Notified Details                                                                          |
|---------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares                                                          |
|                                                                                             |
|---------------------------------------------------------------------------------------------|
|Class/type of|Situation previous to the |Resulting situation after the triggering transaction|
|shares       |triggering transaction    |                                                    |
|If possible  |--------------------------+----------------------------------------------------|
|use ISIN code|Number of |Number of      |Number of  |Number of voting      |Percentage of    |
|             |shares    |voting rights  |shares     |rights                |voting rights    |
|             |          |               |           |----------------------+-----------------|
|             |          |               |           |           |          |       |         |
|             |          |               |           |Direct     |Indirect  |Direct |Indirect |
|-------------+----------+---------------+-----------+-----------+----------+-------+---------|
|GB0007156838 |1,511,000 |1,511,000      |1,536,000  |1,536,000  |          |9.08%  |         |
|             |          |               |           |           |          |       |         |
+---------------------------------------------------------------------------------------------+





+---------------------------------------------------------------------------+
|B: Financial Instruments                                                   |
|                                                                           |
|---------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                       |
|                                                                           |
|---------------------------------------------------------------------------|
|Type of   |Expiration|Exercise/  |No. of voting rights that may |Percentage|
|financial |date      |conversion |be acquired (if the instrument|of voting |
|instrument|          |period/date|exercised/converted)          |rights    |
|----------+----------+-----------+------------------------------+----------|
|          |          |           |                              |          |
|          |          |           |                              |          |
+---------------------------------------------------------------------------+




+-------------------------------------------------------+
| Total (A+B)                                           |
|                                                       |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
| 1,536,000               | 9.08%                       |
+-------------------------------------------------------+





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



+-------------------------------------------------------------------+
| Proxy Voting:                                                     |
|                                                                   |
|-------------------------------------------------------------------|
| 10. Name of 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:              | Ueli Dubendorfer, HSBC            |
|                               | Guyerzeller Bank AG               |
|-------------------------------+-----------------------------------|
| 15. Contact telephone number: | 0041 58 206 7509                  |
|                               |                                   |
+-------------------------------------------------------------------+


For notes on how to complete form TR-1 please see the FSA website.

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