Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                HG Capital Trust Plc  
of existing shares to which voting rights are                                           
attached:                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
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):      Placing and acquisition                 X
                                                                                        
3. Full name of person(s) subject to the             Cazenove Capital Management Limited
notification obligation:                                                             
                                                                                        
4. Full name of shareholder(s)                                       N/A                
 (if different from 3.):                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                 06/04/10              
reached:                                                                               
                                                                                        
6. Date on which issuer notified:                                 07/04/10              
                                                                                        
7. Threshold(s) that is/are crossed or                               5%                 
reached:                                                                         
                                                                                        


8. Notified details:                                                                            
                                                                                                
A: Voting rights attached to shares viii, ix                                                    
                                                                                                
Class/type   Situation previous         Resulting situation after the triggering transaction    
of           to the triggering                                                                  
shares       transaction                                                                        
if possible  Number         Number      Number    Number of voting    % of  voting rights
of             of               of      shares    rights                                       
using        Shares         Voting                                                              
the ISIN                    Rights      Direct    Direct    Indirect   Direct  Indirect   
CODE                                                                                         
                                                                                                
ISIN                                                                                            
                                                                                                
GB0003921052 207,797        207,797     1,864,383 0          1,864,383  0       5.99%      
                                                                                                                                                                                                                                                                   
                                                                                                                                                                                              
B: Qualifying Financial Instruments                                                             
                                                                                                
Resulting situation after the triggering transaction                                            
                                                                                                
Type of        Expiration     Exercise/            Number of voting              % of voting    
financial          date       Conversion Period    rights that may be            rights         
instrument                                         acquired if the                              
                                                   instrument is                                
                                                   exercised/ converted.                        
                                                                                                
N/A            N/A            N/A                  N/A                           N/A            
                                                                                                
                                                                                                
                                                                                                
C: Financial Instruments with similar economic effect to Qualifying Financial                   
Instruments                                                                             
                                                                                                
Resulting situation after the triggering transaction                                            
                                                                                                
Type of       Exercise      Expiration Exercise/  Number of voting rights      % of voting      
financial     price         date xvii  Conversion instrument refers to         rights    
instrument                             period                                                   
                                                                                           
                                                                                                
                                                                              Nominal Delta     
                                                                                                
N/A           N/A           N/A        N/A        N/A                          N/A    N/A                   
                                                                                    
                                                                                                
                                                                                                
                                                                                                
                                                                                                
Total (A+B+C)                                                                                   
                                                                                                
Number of voting rights                        Percentage of voting rights                      
                                                                                                
1,864,383                                      5.99%                                            
                                                                                                


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
N/A                                                                                     
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                      N/A  
                                                                                        
11. Number of voting rights proxy holder will cease                                N/A  
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                  N/A  
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                        N/A   
                                                                                        
14. Contact name:                                                                  N/A   
                                                                                        
15. Contact telephone number:                                                      N/A