Holding(s) in Company

+-------------------------------------------------------------------+
|                                                                   |
|-------------------------------------------------------------------|
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                   |
|-------------------------------------------------------------------|
|                                           |                       |
|-------------------------------------------+-----------------------|
| 1. Identity of the issuer or the          |                       |
| underlying issuer                         |                       |
| of existing shares to which voting rights |  Quadnetics Group Plc |
| are                                       |                       |
| attached: ii                              |                       |
|-------------------------------------------------------------------|
| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights          |    YES     |
|------------------------------------------------------+------------|
| An acquisition or disposal of qualifying financial   |            |
| instruments which may result in the acquisition of   |            |
| shares already issued to which voting rights are     |            |
| attached                                             |            |
|------------------------------------------------------+------------|
| An acquisition or disposal of instruments with       |            |
| similar economic effect to qualifying financial      |            |
| instruments                                          |            |
|------------------------------------------------------+------------|
| An event changing the breakdown of voting rights     |            |
|------------------------------------------------------+------------|
| Other (please specify): |                            |            |
|-------------------------------------------------------------------|
| 3. Full name of person(s)        |    HSBC GLOBAL CUSTODY NOMINEE |
| subject to the                   |                       (UK) LTD |
| notification obligation: iii     |                                |
|----------------------------------+--------------------------------|
| 4. Full name of shareholder(s)   |     Whitehall Consolidated Ltd |
|  (if different from 3.):iv       |                                |
|----------------------------------+--------------------------------|
| 5. Date of the transaction and   |                                |
| date on                          |                                |
| which the threshold is crossed   |               25 November 2009 |
| or                               |                                |
| reached: v                       |                                |
|----------------------------------+--------------------------------|
| 6. Date on which issuer          |               26 November 2009 |
| notified:                        |                                |
|----------------------------------+--------------------------------|
| 7. Threshold(s) that is/are      |                                |
| crossed or                       |                      Above 12% |
| reached: vi, vii                 |                                |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------------------------------------+
|8. Notified details:                                                                             |
|-------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares viii, ix                                                     |
|-------------------------------------------------------------------------------------------------|
|Class/type of |Situation previous         |Resulting situation after the triggering transaction  |
|shares        |to the triggering          |                                                      |
|if possible   |transaction                |                                                      |
|using         |---------------------------+------------------------------------------------------|
|the ISIN CODE |Number         |Number     |Number     |Number of voting      |% of  voting rights|
|              |of             |of         |of shares  |rights                |x                  |
|              |Shares         |Voting     |-----------+----------------------+-------------------|
|              |               |Rights     |Direct     |Direct xi  |Indirect  |Direct  |Indirect  |
|              |               |           |           |           |xii       |        |          |
|--------------+---------------+-----------+-----------+-----------+----------+--------+----------|
|GB0007156838  |2'050'000      |2'050'000  |2'189'800  |2'189'800  |          |12.46%  |          |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                              |
|-------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                             |
|-------------------------------------------------------------------------------------------------|
|Type of financial    |Expiration      |Exercise/             |Number of voting    |% of voting   |
|instrument           |date xiii       |Conversion Period xiv |rights that may be  |rights        |
|                     |                |                      |acquired if the     |              |
|                     |                |                      |instrument is       |              |
|                     |                |                      |exercised/          |              |
|                     |                |                      |converted.          |              |
|---------------------+----------------+----------------------+--------------------+--------------|
|                     |                |                      |                    |              |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|Total (A+B)                                                                                      |
|-------------------------------------------------------------------------------------------------|
|Number of voting rights                          |Percentage of voting rights                    |
|-------------------------------------------------+-----------------------------------------------|
|2'189'800                                        |12.46%                                         |
+-------------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable: xxi    |
|-------------------------------------------------------------------|
|                                                                   |
|                                                                   |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| 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:             |    Ueli Dübendorfer, HSBC Private |
|                               |                  Bank (Suisse) SA |
|-------------------------------+-----------------------------------|
| 15. Contact telephone number: |                  0041 58 705 3209 |
|-------------------------------------------------------------------|
|                                                                   |
+-------------------------------------------------------------------+

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.