Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES All relevant boxes should be completed in block capital letters. 1. Name of company 2. Name of shareholder having a major interest SVM UK Emerging Fund plc Abbey National plc 3. Please state whether notification 4. Name of the registered holder(s) and, indicates that it is in respect if more than one holder, the number of of holding of the shareholder shares held by each of them named in 2 above or in respect of a non-beneficial interest or in Not disclosed the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Beneficial interest 5. Number of 6. Percentage of 7. Number of shares 8. Percentage of shares/amount issued class /amount of stock issued class of stock disposed acquired - 4.1% 223,286 - 9. Class of security 10. Date of 11. Date company transaction informed Ordinary Shares 21 February 2005 7 March 2005 12. Total holding following this 13. Total percentage holding of issued notification class following this notification 70,714 Ordinary Shares 1.3 % 14. Any additional information 15. Name of contact and telephone number for queries The issued share capital of SVM UK Emerging Fund plc is Carolina Viola 5,460,000 Ordinary Shares SVM Asset Management Limited 0131 226 6699 16. Name and signature of authorised company official responsible for making this notification Carolina Viola Date of notification ________7 March2005
UK 100

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