Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                     Electra Private  
of existing shares to which voting rights are                            Equity PLC     
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                         x   
                                                                                        
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                      Witan Investment Trust plc
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                  9 November 2010      
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                  9 November 2010      
                                                                                        
7. Threshold(s) that is/are crossed or                                 Below 3%         
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type   Situation previous           Resulting situation after the triggering      
of           to the triggering            transaction                                   
shares       transaction                                                                
                                                                                        
             Number           Number      Number    Number of voting   % of  voting     
if possible  of               of          of shares rights             rights x         
using        Shares           Voting                                                    
the ISIN                      Rights      Direct    Direct xi Indirect Direct Indirect  
CODE                                                          xii                       
                                                                                        
Ordinary                                                                                
shares of                                                                               
25p each                                                                                
                                                                                        
             1,065,000        1,065,000   1,055,000 1,055,000          2.985%           
                                                                                        
GB0003085445                                                                            
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial  Expiration  Exercise/             Number of voting       % of voting 
instrument         date xiii   Conversion Period xiv rights that may be     rights      
                                                     acquired if the                    
                                                     instrument is                      
                                                     exercised/ converted.              
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of       Exercise price  Expiration Exercise/  Number of voting     % of voting    
financial                     date xvii  Conversion rights instrument    rights xix, xx 
instrument                               period     refers to                           
                                         xviii                                          
                                                                                        
                                                                                        
                                                                         Nominal Delta    
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                        Percentage of voting rights              
                                                                                        
                                                                                        
                                                                                        
1,055,000                                                       2.985%                  
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
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:                                                             
                                                                                        
                                                             Deborah Trickett           
                                                                                        
                                                  Henderson Secretarial Services Limited
                                                                                        
                                                     201 Bishopsgate LONDON EC2M 3AE    
                                                                                        
                                                                                        
14. Contact name:                                                                       
                                                               Philip Jones             
                                                                                        
                                                           Frostrow Capital LLP         
                                                                                        
                                                         25 Southampton Buildings       
                                                                                        
                                                             London WC2A 1AL            
                                                                                        
                                                              020 7818 6816             
                                                                                        
15. Contact telephone number:                                                           
                                                                                        
                                                              020 3008 4613