Holding(s) in Company

Ricardo PLC
19 March 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:

RICARDO


2. Reason for the notification (please state Yes/No): (   )

An acquisition or disposal of voting rights:                               ( X )

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) :                                                   (   )


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

LLOYDS TSB GROUP PLC
 

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


 

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

15 MARCH 2007



6. Date on which issuer notified:

16 MARCH 2007
 

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

EXCEEDED 5%
 

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        
                       Number of shares       Number of voting Rights 


ORD GBP               2,256,375               2,256,375
0.25

0737007
 

                     Resulting situation after the triggering transaction 
 
Class/type of shares Number of shares  Number of voting rights    % of voting rights  
if possible using                                                                 
the ISIN CODE                                                                         
                     Direct            Direct     Indirect        Direct    Indirect  

                     2,557,011         2,557,011  4,363           5.044      0.009
 

B: Financial Instruments

Resulting situation after the triggering transaction 

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

 

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

2,561,374                    5.052
 

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:


 

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 information:


 

14. Contact name:

PHILIP MASON
 

15. Contact telephone number:

01444 418127


 
Annex Notification Of Major Interests In Shares 
 

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

Full name (including legal form for legal entities):

LLOYDS TSB GROUP PLC 

Contact address (registered office for legal entities):

HENRY DUNCAN HOUSE
120 GEORGE STREET
EDINBURGH
EH2 4LH

Phone number:

0131 225 4555

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

 

B: Identity of the notifier, if applicable

 

Full name:

LLOYDS TSB CENTRAL DISCLOSURE UNIT

Contact address:

2ND FLOOR
31/33 PERRYMOUNT ROAD
HAYWARDS HEATH
WEST SUSSEX
RH16 3SP 

Phone number:

01444 418127 

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

 

C: Additional information :

 



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