Holding(s) in Company

Victoria PLC
12 October 2007


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
   voting rights are attached:

   Victoria 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:

   HSBC Global Custody Nominee (UK) Ltd

4. Full name of shareholder(s) (if different from 3.):

   Fortress Finance Investment Inc.

5. Date of the transaction (and date on which the threshold is crossed or
   reached if different):

   11 October 2007

6. Date on which issuer notified:

   11 October 2007

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 using    Situation previous to the Triggering
the ISIN CODE                             transaction

                                          Number of       Number of voting
                                          shares          Rights

GB0009290080                              526,500         526,500

Resulting situation after the triggering transaction

Class/type of shares if possible          Number of       Number of voting    % of voting
using the ISIN CODE                       shares          rights              rights

                                          Direct          Direct   Indirect   Direct   Indirect

GB0009290080                              557,500         557,500             8.03%

B: Financial Instruments

Resulting situation after the triggering transaction

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

Total (A+B)

Number of voting rights                      % of voting rights

557,500                                      8.03%

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 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. Shareholder contact name:

    Beat Bass, HSBC Guyerzeller Bank AG

15. Contact telephone number:

    0041 58 206 77 41

16. Company contact name:

    Terry Danks, Victoria PLC, Company Secretary

17. Contact telephone number:

    01562 749300



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