Holding(s) in Company

Victoria PLC
09 November 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):

   8 November 2007

6. Date on which issuer notified:

   9 November 2007

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

   equals 9%

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                                610,000         610,000





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                        625,000      625,000             9%




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

625,000                                      9%




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. Identity of the notifier, if applicable
    Full name

    HSBC Guyerzeller Bank AG Beat Bass

    Contact address

    Genferstrasse 8, 8027 Zurich, Switzerland

    Phone 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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