Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                         
                                                                                
                                                                                        
1. Identity of the issuer or the underlying issuer                   Strategic Equity   
of existing shares to which voting rights are                        Capital plc        
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):                             Change of Total Voting Rights      
                                                                                        
3. Full name of person(s) subject to the                 SVG Capital plc                
notification obligation:                                                            
                                                                                        
4. Full name of shareholder(s)                           Chase Nominees Limited         
 (if different from 3.):                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                        1 July 2011                    
reached:                                                                               
                                                                                        
6. Date on which issuer notified:                        4 July 2011                    
                                                                                        
7. Threshold(s) that is/are crossed or                   20% to 21%                     
reached: 

8. Notified details:                                                                                 
                                                                                                     
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                                                                                             
             15,245,000        15,245,000   15,245,000 15,245,000   N/A      21.74%                  
GB00B0BDCB21                                                                                         
                                                                                                 
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 price   Expiration  Exercise/   Number of voting rights % of voting rights    
financial                      date        Conversion  instrument refers to    
instrument                                 period                                                    
                                                                                      
                                                                               Nominal   Delta       
                                                      
                                                                                                     
Total (A+B+C)                                                                                        
                                                                                                     
Number of voting rights                            Percentage of voting rights                       
                                                                                                     

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                       
                                                                          
                                                               
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:        Disclosure based on total voting rights of 70,122,203
                                                                                        
14. Contact name:                  Stuart Ballard                                       
                                                                                        
15. Contact telephone number:      0207 010 8935