Holding(s) in Company

The Vitec Group PLC
08 March 2007


                                                                   8 March 2007


                         The Vitec Group plc

                NOTIFICATION OF MAJOR INTERESTS IN SHARES


In conformity with the Transparency Directive The Vitec Group plc ('Vitec') is
required to announce to the market the receipt of notifications of major
interests in shares.



Vitec received notice on 7 March 2007 in accordance with the Disclosure and
Transparency Rules that BT Pension Scheme Trustees Limited as trustee of the BT
Pension Scheme has a notifiable interest in 2,433,604 ordinary shares of 20p
each in Vitec, being 5.90% of the issued ordinary share capital of Vitec.


Roland Peate
Company Secretary




                                                                    
 

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):

VITEC GROUP PLC

2. Reason for the notification (please state Yes/No): (   )
 
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) : RE-DISCLOSURE FOLLOWING IMPLEMENTATION OF THE     ( X )
                         TRANSPARENCY DIRECTIVE

 

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

BT PENSION SCHEME TRUSTEES LIMITED AS TRUSTEE OF THE BT PENSION SCHEME.  SEE
SECTION 9 FOR FURTHER INFORMATION




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

N/A
 

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

POSITION HELD ON 20TH JANUARY 2007
 

6. Date on which issuer notified:

07 MARCH 2007
 

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

%
 

8. Notified details:


A: Voting rights attached to shares

 
Class/type of shares            Situation previous to  
if possible using the           the Triggering         
ISIN CODE                       transaction (vi)       
                       Number of shares       Number of voting Rights 
                                              (viii)                  
0929666                  2,433,604              2,433,604                                                               
          
ORD 20P
                                                                      
 

                     Resulting situation after the triggering transaction (vii)

Class/type of shares Number of shares  Number of voting rights    % of voting rights  
if possible using                      (ix)                                           
the ISIN CODE                                                                         
                     Direct            Direct (x) Indirect (xi)   Direct    Indirect  
                                                                                      
                                                                                      
0929666               70,085          70,085      2,363,519       0.170%     5.726%                  
          
ORD 20P                                                          

 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

 

Total (A+B)
Number of voting rights       % of voting rights 

2,433,604                     5.896%
                                        

 

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



BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund
Trustees Limited, which is the parent undertaking of Hermes Pensions Management
Limited.  Hermes Pensions Management Limited is the parent undertaking of

1.  Hermes Investment Management Limited (voting rights held in this issuer: 
     0.914%)
2.  Hermes Focus Asset Management Limited (voting rights held in this issuer: 
     4.982%)

Please see Section 13 for further information.

Proxy Voting:

 
10. Name of the proxy holder:

See Comment in Section 13.
 

11. Number of voting rights proxy holder will cease to hold:

See Comment in Section 13.
 

12. Date on which proxy holder will cease to hold voting rights:

See Comment in Section 13. 

13. Additional information:

Hermes Investment Management Limited hold the voting rights under a standing
proxy contained in investment management agreements with various underlying
clients, which includes all the shares owned directly by BT Pension Scheme.

Hermes Focus Asset Management Limited hold the voting rights as General Partner
under a standing proxy contained in limited partnership agreements with various
limited partnerships.

All voting rights held on behalf of the above entities are aggregated for the
purposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5.

This disclosure is made by BT Pension Scheme Trustees Limited, which is the
ultimate parent undertaking for the purposes of DTR 5.2.1(e).

 

14. Contact name:

Margaret Moss /Valerie Davidson

 

15. Contact telephone number:

020 7680 2125 / 020 7680 2177

 

Annex Notification Of Major Interests In Shares (XVI)


A: Identity of the person or legal entity subject to the notification obligation
           

Full name (including legal form for legal entities):

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme and 
Hermes Pensions Management Limited
 


Contact address (registered office for legal entities):

Lloyds Chambers, 1 Portsoken Street, London E1 8HZ
 

Phone number:
020 7702 0888

 

Other useful information (at least legal representative for legal persons):

BT Pension Scheme Trustees Limited is the parent undertaking of the group of
companies subject to the notification obligation as indirect holders of voting
rights for the purpose of DTR 5.2.1(a) and 5.2.1(e)
 


B: Identity of the notifier, if applicable (xvii)

 

Full name:

Hermes Investment Management Limited as agent for BT Pension Scheme Trustees 
Limited.
 

Contact address:

Lloyds Chambers, 1 Portsoken Street, London  E1 8HZ
 

Phone number:

020 7680 2125 / 020 7680 2177
 


Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

Hermes Investment Management Limited acts as investment manager and agent on 
behalf of BT Pension Scheme Trustees Limited



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