Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

HgCapital Trust plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            Yes     
                                                                               
An acquisition or disposal of financial instruments which may          No      
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                       No      
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification     Oxfordshire County   
obligation (iii):                                        Council Pension Fund  
                                                                               
4. Full name of shareholder(s) (if different from 3.)                          
(iv):                                                                          
                                                                               
5. Date of the transaction (and date on which the              11/02/09        
threshold is crossed                                                           
or reached if different) (v):                                  17/02/09        
                                                                               
6. Date on which issuer notified:                             27/2/2009        
                                                                               
7. Threshold(s) that is/are crossed or reached:                6% & 7%         
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type of  Situation previous    Resulting situation after the triggering   
    shares             to                        transaction (vii)              
 if possible     the Triggering                                                 
using the ISIN  transaction (vi)                                                
     CODE                                                                       
                                                                                
                Number    Number    Number    Number of voting    % of voting   
                  of        of        of        rights (ix)          rights     
                Shares    Voting    shares                                      
                          Rights                                                
                          (viii)                                                
                                                                                
                                    Direct    Direct   Indirect Direct  Indirect
                                                (x)      (xi)                   
                                                                                
  HG Capital   1,300,000 1,300,000 1,607,500 1,607,500    0      6.38%     0    
  Trust Ord                                                                     
   GBP0.25                                                                      
                                                                                
 GB0003921052                                                                   
                                                                                
  HG Capital   1,607,500 1,607,500 1,782,500 1,782,500    0      7.08%     0    
  Trust Ord                                                                     
   GBP0.25                                                                      
                                                                                
 GB0003921052                                                                   
                                                                                

B: Financial Instruments - Not applicable

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
1,782,500                               7.08%                                  

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



Proxy Voting:


10. Name of the proxy holder:                                 Oxfordshire      
                                                              County Council   
                                                              Pension Fund     
                                                                               
11. Number of voting rights proxy holder will cease to hold:         N/A       
                                                                               
12. Date on which proxy holder will cease to hold voting             N/A       
rights:                                                                        

13. Additional information:                                                    
                                                                               
14. Contact name:                                             Donna Ross       
                                                                               
15. Contact telephone number:                                 01865 323976