Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

1. Identity of the issuer or the underlying issuer of existing Diverse Income 
shares to which voting rights are attached:                    Trust PLC      
                                                                              

 

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          City of Bradford            
notification obligation:                          Metropolitan District       
                                                  Council                     
                                                                              
                                                                              
4. Full name of shareholder(s) (if different from                             
3.):                                                                          
                                                                             
5. Date of the transaction and date on which the  19 July 2012                
threshold is crossed or reached:                                              
                                                                              
6. Date on which issuer notified:                 23 July 2012                
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:   3%                          
                                                                              

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
Class/type Situation         Resulting situation after the triggering         
of         previous          transaction                                      
shares     to the triggering                                                  
           transaction                                                        
                                                                              
if                                                                            
possible   Number   Number   Number      Number of voting  % of  voting rights
using      of       of       of shares   rights                               
the ISIN   Shares   Voting                                                    
CODE                Rights                                                    
                             Direct      Direct Indirect   Direct  Indirect   
                                    
                     nil                                                      
                                                                              
GB00B7ZZ0Y29              2,000,000   2,000,000       nil   3.33%       nil  
                                                                              
B: Qualifying Financial Instruments                                           
                                                                              
Resulting situation after the triggering transaction                          
                                                                           
Type of financial  Expiration  Exercise/   Number of voting       % of voting 
instrument         date        Conversion  rights that may be     rights      
                               Period      acquired if the                    
                                           instrument is                      
                                           exercised/ converted.              
                                                                              
N/A                                                                           
                                                                              
Total (A+B+C)                                                                 
                                                                              
                                                                             
Number of voting rights             Percentage of voting rights               
                                                                              
2,000,000                           3.33%                                     
                                                                              
 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
OPEN OFFER EFFECTIVE 19.07.12                                                 
                                                                              
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:                                                   
                                                                              
                                                                              
                                                                              
14. Contact name:                               Patricia Robertshaw           
                                                                              
                                                                              
                                                                              
15. Contact telephone number:                   01274 433563