Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                 ELECTRA PRIVATE EQUITY PLC
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
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) subject to the                  HSBC Holdings Plc             
notification obligation:iii                                                             
                                                                                        
                                                          HSBC Trust Company (UK)       
                                                          Limited                       
                                                                                        
                                                          HSBC Global Asset Management  
                                                          (UK) Limited                  
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                Sinopia Asset Management (UK) 
                                                          Limited                       
                                                                                        
                                                          HSBC Global Asset Management  
                                                          (International) Limited       
                                                                                        
                                                          HSBC Investment Management    
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                         20th April 2011               
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                         21st April 2011               
                                                                                        
7. Threshold(s) that is/are crossed or                    5.00%                         
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type   Situation previous       Resulting situation after the triggering          
of           to the triggering        transaction                                       
shares       transaction                                                                
                                                                                        
             Number     Number        Number   Number of voting     % of  voting rights 
if possible  of         of            of       rights               x                   
using        Shares     Voting        shares                                            
the ISIN                Rights                                                          
CODE                                  Direct   Direct xi  Indirect  Direct Indirect     
                                                          xii                           
                                                                                        
                                                                                        
GB0003085445 Below      Below                                                           
                                      NA       NA         1,767,264 NA     5.00%        
             Disclosure Disclosure                                                      
             Threshold  Threshold                                                       
                                                                                        
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of        Expiration    Exercise/          Number of voting          % of voting   
financial      date xiii     Conversion Period  rights that may be        rights        
instrument                   xiv                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  Expiration Exercise/   Number of voting       % of voting rights
financial     price     date xvii  Conversion  rights instrument      xix, xx           
instrument                         period      refers to                                
                                   xviii                                                
                                                                                        
                                                                                        
                                                                      Nominal Delta      
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                     Percentage of voting rights                 
                                                                                        
1,767,264                                   5.00%                                       
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                      N/A                                               
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                       N/A                 
                                                                                        
11. Number of voting rights proxy holder will cease                 N/A                 
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                   N/A                 
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                    None                                     
                                                                                        
                                               Eleanor Cranmer for Frostrow Capital LLP,
14. Contact name:                                                                       
                                               Company Secretary                        
                                                                                        
15. Contact telephone number:                  020 3008 4613                            
                                                                                        


 

Note: Annex should only be submitted to the FSA not the issuer                          
                                                                                        
Annex: Notification of major interests in sharesxxii                                    
                                                                                        
                                                                                        
                                                                                        
A: Identity of the persons or legal entity subject to the notification                  
obligation                                                                              
                                                                                        
Full name                                                                               
                                                                                        
(including legal form of legal entities)                                                
                                                                                        
                                                                                        
                                                                                        
Contact address                                                                         
                                                                                        
(registered office for legal entities)                                                  
                                                                                        
                                                                                        
                                                                                        
Phone number & email                                                                    
                                                                                        
                                                                                        
                                                                                        
Other useful information                                                                
                                                                                        
(at least legal representative for legal persons)                                       
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
B: Identity of the notifier, if applicable                                              
                                                                                        
Full name                                                                               
                                                                                        
                                                                                        
                                                                                        
Contact address                                                                         
                                                                                        
                                                                                        
                                                                                        
Phone number & email                                                                    
                                                                                        
                                                                                        
                                                                                        
Other useful information                                                                
                                                                                        
(e.g. functional relationship with the person or legal entity subject to the            
notification obligation)                                                                
                                                                                        
                                                                                        
                                                                                        
C: Additional information                                                               
                                                                                        
                                                                                        
                                                                                        
For notes on how to complete form TR-1 please see the FSA website.