Holding(s) in Company

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                Strategic Equity Capital Plc
attached:                                                                              
                                                                                         
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                     CG Asset Management Limited 
notification obligation:                                                            
                                                                                         
4. Full name of shareholder(s)                              Nortrust Nominees and Smith &
 (if different from 3.):                                       Williamson Nominees     
                                                                                         
5. Date of the transaction and date on                                                   
which the threshold is crossed or                                   21 June 2011         
reached:                                                                                
                                                                                         
6. Date on which issuer notified:                                   24 June 2011         
                                                                                         
7. Threshold(s) that is/are crossed or                                   <3%              
reached:                                                                         
                                                                                         
8. Notified details:                                              Nominee Holdings       
                                                                                   
A: Voting rights attached to shares 
                                                                                                   
Class/type   Situation previous         Resulting situation after the triggering transaction       
of           to the triggering                                                                     
shares       transaction                                                                           
                                                                                                   
             Number         Number      Number        Number of voting        % of  voting rights 
if possible  of             of          of shares     rights                                       
using        Shares         Voting                                                                 
the ISIN                    Rights      Direct        Direct      Indirect    Direct   Indirect    
CODE                                                                                         
                                                                                                   
Ordinary                                                                                           
                                                                                                   
GB00B0BDCB21                2,730,000                 1,770,000               2.45%                
                                                                                             
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.                      
                                                                                     
                                                                                                   
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 rights
financial     price         date       Conversion     instrument refers to       
instrument                             period                                                 
                  
                                                                                 Nominal Delta      
                                                                           
Total (A+B+C)                                                                                      
                                                                                                   
Number of voting rights                        Percentage of voting rights                         
                                                                                                   
1,770,000                                      2.45%                                               
                                                                                                   
9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                  
Nortrust Nominees for CG Portfolio Fund Ltd - 1.09%                                     
                                                                             
Nortrust Nominees for CG Portfolio Fund Plc - 0.88%                                     
                                                                         
Smith & Williamson Nominees for Capital Gearing Trust Plc - 0.48%                       
                                                                                        
                                                                               
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                               
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                                       
                                                                                        
15. Contact telephone number: