Holding(s) in Company

EPIC Reconstruction PLC
28 March 2007



TR-1(i): notification of major interests in shares

1. Identity of the issuer or the underlying      EPIC Reconstruction Plc
issuer of existing shares to which voting rights --------------------
are attached(1):
-------------------------------
2. Reason for the notification (please tick the appropriate box or
boxes)                                                                   -------
--------------------------------------------
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):___________________________________________          X 
--------------------------------------------                             -------
3. Full name of person(s) subject to the         Brit Insurance Holdings PLC
notification obligation(1):                      --------------------
-------------------------------
4. Full name of shareholder(s) (if different     Brit Insurance Limited
from 3.)(1):                                     --------------------
-------------------------------
5. Date of the transaction (and date on which    Disclosure under Transitional
the threshold is crossed or reached if           Provision 7 of the Disclosure and
different)(1):                                   Transparency Rules
-------------------------------                  --------------------
6. Date on which issuer notified:                15 March 2007
-------------------------------                  --------------------
7.
Threshold(s)
that is/are
crossed or
reached:                                          16%
-------------------------------                  --------------------
8. Notified details:                             Brit Insurance Holdings PLC
-------------------------------                  confirms that it has a
                                                 notifiable interest in 5,000,000
                                                 ordinary 1p shares of EPIC
                                                 Reconstruction PLC. This equals
                                                 16.67% of the voting rights.
                                                 --------------------


A: Voting rights attached to shares
Class/   Situation previous to the      Resulting situation after the triggering
type of  Triggering transaction (1)     transaction(1)
shares
if
possible Number of    Number of Voting  Number Number of voting    % of voting
using    Shares       Rights viii       of     rights ix           rights
the ISIN                                shares
CODE                                    Direct Direct Indirect xi  Direct Indirect
                                               x
Ordinary
1p        5,000,000         5,000,000                  5,000,000           16.67%
shares

B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of     Expiration Exercise/       Number of voting rights that may  % of
financial   date xiii  Conversion      be acquired if the instrument is  voting
instrument             Period/ Date    exercised/ converted.             rights
                       xiv
Not
Applicable

Total (A+B)
Number of voting rights                      % of voting rights
          5,000,000                               16.67%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable xv:
5,000,000 shares beneficially owned by and registered in the name of Brit
Insurance Limited.

Proxy Voting:

10. Name of the proxy holder:              Not Applicable

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 No acquisition or disposal of shares has occurred.
information:
               
This disclosure fulfils Brit Insurance Holdings PLC's obligations under 
Transitional Provision 7 of the Disclosure and Transparency Rules.

14. Contact name:                    Sarah Waine

15. Contact telephone number:        020 7984 8664





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