Holding(s) in Company

Financial Services Authority

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
 
1. Identity of the issuer or the underlying         Electra Private Equity Plc
issuer
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                                 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     The Cooperative Asset Management
notification obligation:
4. Full name of shareholder(s)             Cooperative lnsurance Society Limited
(if different from 3.):
                                                      3 November 2009
 
5. Date of the transaction and date on
which the threshold is crossed or
reached:
 
6. Date on which issuer notified:                     4 November 2009
7. Threshold(s) that is/are crossed or                    5.738%
reached:
 
8. Notified details:
 
A: Voting rights attached to shares
Class/type of             Situation previous                     Resulting situation after the triggering
shares                     to the triggering                                   transaction
                              transaction
 
if possible
using
the ISIN CODE
                      Number             Number                         Number of voting      % of voting rights
                        of                 of                                rights
                      Shares             Voting           Number
                                         Rights          of shares
                         Direct          Indirect       Direct         Indirect
GB 003085445         1,695,389          1,695,389        2,027,730     2,027,730                5.738
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
                                                                           Number of voting
                                                                           rights that may be
Type of financial            Expiration  Exercise/                         acquired if the            % of voting
instrument                   date        Conversion Period                 instrument is              rights
                                                                           exercised/ converted.
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
 
Type of financial      Exercise    Expiration     Exercise/          Number of voting rights      % of voting
instrument             price       date           Conversion         instrument refers to         rights
                                                  period
 
                                                                                                    Nominal   Delta
 
Total (A+B+C)
Number of voting rights                                        Percentage of voting rights
                                                                                      5.738
 
                          2,027,730
 
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:
 
                                     Company Secretary notified 24 November 2009
13. Additional information:
14. Contact name:                         Julian Rhys, Frostrow Capital LLP
15. Contact telephone number:                       0203 008 4613