Holding(s) in Company

Financial Services Authority

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
                                                                                        
                                                                                 
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                    Montanaro UK Smaller   
attached:                                                          Companies IT Plc     
                                                                                        
                                                                                        
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):              
                                                                                        
An acquisition or disposal of voting rights                                          Yes
                                                                                        
                                                                                        
                                                                                        
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                      Legal & General Group Plc 
notification obligation:                                                (L&G)           
                                                                                        
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                                    10 July 2012       
reached:                                                                                
                                                                                        
                                                                                        
6. Date on which issuer notified:                                    11 July 2012       
                                                                                        
7. Threshold(s) that is/are crossed or                                                  
reached:                                                            L&G (Above 3%)      
                                                                                        

8. Notified details:                                                                       
                                                                                           
                                                                                           
                                                                                           
A: Voting rights attached to shares                                                        
                                                                                           
Class/    Situation previous      Resulting situation after the triggering transaction     
type of   to the triggering                                                                
shares       transaction                                                                   
                                                                                           
           Number    Number                    Number of voting       % of  voting rights  
if           of        of                           rights                                 
possible   Shares    Voting      Number                                                    
using                Rights    of shares                                                   
the ISIN                                                                                   
CODE                                           Direct      Indirect  Direct     Indirect   
                                                                                           
Ordinary       Below 3%         1,004,693     1,004,693              3.00%                 
  10p                                                                                      
                                                                                           
                                                                                           
                                                                                           
B: Qualifying Financial Instruments                                                        
                                                                                           
Resulting situation after the triggering transaction                                       
                                                                                           
                                                      Number of voting                     
                                                      rights that may be                   
Type of     Expiration       Exercise/                acquired if the      % of voting     
financial   date             Conversion Period        instrument is        rights          
instrument                                            exercised/                           
                                                      converted.                           
                                                                                           
                                                                                           
C: Financial Instruments with similar economic effect to Qualifying Financial              
Instruments                                                                                
                                                                                           
Resulting situation after the triggering transaction                                       
                                                                                           
                                                                                           
                                                                                           
Type of    Exercise     Expiration   Exercise/       Number of       % of voting rights    
financial  price        date         Conversion      voting rights                         
instrument                           period          instrument                            
                                                     refers to                             
                                                                                           
                                                                                           
                                                                                           
                                                                     Nominal      Delta    
                                                                                           
                                                                                           
Total (A+B+C)                                                                              
                                                                                           
Number of voting rights                 Percentage of voting rights                        
                                                                                           
                                                                                           
                                                                                           
               1,004,693                                       3.00%                       
                                                                                           
                                                                                           
 
9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                              
                                                                                        
                                                                                        
                                                                                        
Legal & General Group Plc (Direct and Indirect) (Group)                                 
                                                                                        
Legal & General Investment Management (Holdings) Limited (LGIMH)                        
(Direct and Indirect)                                                                   
                                                                                        
Legal & General Investment Management Limited (Indirect) (LGIM)                         
                                                                                        
Legal & General Group Plc (Direct) (L&G) ( 1,004,693 - 3.00%= LGAS, LGPL & PMC)         
                                                                                        
Legal & General Investment Management (Holdings)       Legal & General                  
Limited (Direct) (LGIMHD)                              Insurance Holdings               
                                                       Limited (Direct) (LGIH)          
                                                                                        
Legal & General Assurance (Pensions Management)        Legal & General                  
Limited  (PMC)                                         Assurance Society                
                                                       Limited  (LGAS & LGPL)           
                                                                                        
                                                       Legal & General Pensions         
                                                       Limited (Direct)  (LGPL)         
                                                                                        
                                                                                        
                                                                                        
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:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                 Notification using the total voting rights figure of   
13. Additional information:                           33,475,958                        
                                                                                        
14. Contact name:                                  Paul Toon (LGIM)                     
                                                                                        
15. Contact telephone number:                       020 3124 3854