Holding(s) in Company

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| For filings with the FSA include the  |                           |
| annex                                 |                           |
|---------------------------------------+---------------------------|
| For filings with issuer exclude the   |                           |
| annex                                 |                           |
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|                                                                   |
|-------------------------------------------------------------------|
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                   |
|-------------------------------------------------------------------|
|                                             |                     |
|---------------------------------------------+---------------------|
| 1. Identity of the issuer or the underlying |                     |
| issuer                                      |    Quadnetics       |
| of existing shares to which voting rights   | Group               |
| are                                         |                     |
| attached: ii                                |                     |
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| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
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| An acquisition or disposal of voting rights           |           |
|-------------------------------------------------------+-----------|
| 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         | Transfer into Nominees        |     X     |
| specify):             |                               |           |
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| 3. Full name of person(s)      |  Rensburg Sheppards Investment   |
| subject to the                 |        Management Limited        |
| notification obligation: iii   |                                  |
|--------------------------------+----------------------------------|
| 4. Full name of shareholder(s) |               N/A                |
|  (if different from 3.):iv     |                                  |
|--------------------------------+----------------------------------|
| 5. Date of the transaction and |        27th November 2009        |
| date on                        |                                  |
| which the threshold is crossed |                                  |
| or                             |                                  |
| reached: v                     |                                  |
|--------------------------------+----------------------------------|
| 6. Date on which issuer        |        30th November 2009        |
| notified:                      |                                  |
|--------------------------------+----------------------------------|
| 7. Threshold(s) that is/are    |                3%                |
| crossed or                     |                                  |
| reached: vi, vii               |                                  |
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+---------------------------------------------------------------------------------------------------+
|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 x |
|               |of               |of          |of shares |rights            |                      |
|               |Shares           |Voting      |----------+------------------+----------------------|
|               |                 |Rights      |Direct    |Direct  |Indirect |Direct      |Indirect |
|               |                 |            |          |xi      |xii      |            |         |
|---------------+-----------------+------------+----------+--------+---------+------------+---------|
|               |                 |            |          |        |         |            |         |
|Ordinary Shares|Below 3%         |Below 3%    |          |        |533,867  |            |3.04%    |
|GB0007156838   |                 |            |          |        |         |            |         |
|---------------|                 |            |          |        |         |            |         |
|               |                 |            |          |        |         |            |         |
|---------------------------------------------------------------------------------------------------|
|                                                                                                   |
|---------------------------------------------------------------------------------------------------|
|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. |             |
|------------------------+--------------+----------------------+----------------------+-------------|
|                        |              |                      |                      |             |
|---------------------------------------------------------------------------------------------------|
|                                                                                                   |
|---------------------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi  |
|---------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                               |
|---------------------------------------------------------------------------------------------------|
|Type of         |Exercise price  |Expiration|Exercise/   |Number of voting      |% of voting rights|
|financial       |                |date xvii |Conversion  |rights instrument     |xix, xx           |
|instrument      |                |          |period xviii|refers to             |                  |
|                |                |          |            |                      |                  |
|----------------+----------------+----------+------------+----------------------+------------------|
|                |                |          |            |                      |Nominal    |Delta |
|                |                |          |            |                      |-----------+------|
|                |                |          |            |                      |           |      |
|---------------------------------------------------------------------------------------------------|
|                                                                                                   |
|---------------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                                      |
|---------------------------------------------------------------------------------------------------|
|Number of voting rights                             |Percentage of voting rights                   |
|----------------------------------------------------+----------------------------------------------|
|533,867                                             |3.04%                                         |
+---------------------------------------------------------------------------------------------------+



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| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable: xxi    |
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| Client holdings registered in the name of Nominee companies 100%  |
| owned by Rensburg Sheppards Investment Management Limited.        |
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|                                                                   |
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| Proxy Voting:                                                     |
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| 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      |
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|                                                                   |
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| 13. Additional information:                |                      |
|                                            | N/A                  |
|--------------------------------------------+----------------------|
| 14. Contact name:                          |                      |
|                                            | N/A                  |
|--------------------------------------------+----------------------|
| 15. Contact telephone number:              |                      |
|                                            | N/A                  |
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