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     ELECTRA PRIVATE EQUITY PLC.    
issuer                                                                         
of existing shares to which voting rights                                      
are                                                                            
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 HSBC Holdings Plc                         
the                                                                            
notification obligation: iii                                                   
                                                                               
4. Full name of shareholder(s)       HSBC Trust Company (UK) Limited           
(if different from 3.):iv                                                      
                                     HSBC Global Asset Management (UK) Limited 
                                                                               
                                     HSBC Global Asset Management              
                                     (International) Limited                   
                                                                               
                                     HSBC Investment Management                
                                                                               
5. Date of the transaction and date  13th Jan 2012                             
on                                                                             
which the threshold is crossed or                                              
reached: v                                                                     
                                                                               
6. Date on which issuer notified:    16th Jan 2012                             
                                                                               
7. Threshold(s) that is/are crossed  7.00%                                     
or                                                                             
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 rights
if possible  of        of        of shares rights              x                 
using        Shares    Voting                                                    
the ISIN               Rights    Direct    Direct xi Indirect  Direct Indirect   
CODE                                                 xii                         
                                                                                 
GB0003085445 2,157,784 6.10%     NA        NA        2,491,558 NA        7.05%   
                                                                                 
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   rights that may   rights        
                             xiv                 be                              
                                                 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  Expiration Exercise/  Number of voting   % of voting     
financial     price     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        
                                                                                 
              2,491,558                                  7.05%                   

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
N/A                                                                            
                                                                               
Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                                  N/A             
                                                                               
11. Number of voting rights proxy holder will                  N/A             
cease                                                                          
to hold:                                                                       
                                                                               
12. Date on which proxy holder will cease to hold              N/A             
voting rights:                                                                 
                                                                               
                                                                               
13. Additional information:            None                                    
                                                                               
14. Contact name:                      Eleanor Cranmer for Frostrow Capital    
                                       LLP,                                    
                                                                               
                                       Company Secretary                       
                                                                               
15. Contact telephone number:          020 3008 4613