Holding(s) in Company

Debt Free Direct Group PLC 15 May 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Debt Free Direct Group PLC 2. Reason for the notification (place an X inside the appropriate bracket/s) An acquisition or disposal of voting rights: ( X ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) ................. 3. Full name of person(s) subject to the notification obligation: Bank of America Corporation 4. Full name of shareholder(s) (if different from 3.) : Columbia Acorn International; Wanger International Small Cap; Wanger European Smaller Companies; River Source International Aggressive Growth 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 10/05/2007 6. Date on which issuer notified: 11/05/2007 7. Threshold(s) that is/are crossed or reached: Fell below 9% threshold 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction using the ISIN CODE Number of shares Number of voting Rights GB0032360280 3,743,125 3,743,125 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rights possible using the ISIN CODE Direct Direct Indirect Direct Indirect GB0032360280 3,339,295 3,339,295 N/A 8.88% N/A B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights financial Period/ Date that may be acquired if the instrument instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 3,339,295 8.88% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 9. Chain Bank of America Corporation indirect parent of Columbia Wanger Asset Management L.P. Columbia Wanger Asset Management L.P. is the investment advisor to the shareholders listed in item 4 above Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: ................. 14. Contact name: Paul Latham (Finance Director) 15. Contact telephone number: 0845 296 0200 This information is provided by RNS The company news service from the London Stock Exchange
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