Holding(s) in Company

Highway Capital PLC 20 April 2007 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: HIGHWAY CAPITAL PLC 2. Reason for the notification: An acquisition or disposal of voting rights: YES An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: NO An event changing the breakdown of voting rights: NO Other (please specify): NO 3. Full name of person(s) subject to the notification obligation: CORVUS CAPITAL INC 4. Full name of shareholder(s) (if different from 3.): N/A 5. Date of the transaction and date on which the threshold is crossed or reached if different): 18 APRIL 2007 6. Date on which issuer notified: 20 APRIL 2007 7. Threshold(s) that is/are crossed or reached: 20% 8. Notified details: A: Voting rights attached to shares Class/type Situation previous Resulting situation after the triggering transaction of shares to the triggering transaction Number Number Number of Number of voting % of voting rights of of shares rights shares voting Direct Direct Indirect Direct Indirect rights ORDINARY NIL NIL 1,589,200 1,589,200 NIL 20.00 NIL SHARES OF 2 PENCE EACH (ISIN: GB0008579384) B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting that % of voting instrument date conversion may be rights acquired rights period/ if the instrument is date exercised/converted N/A N/A N/A N/A N/A Total (A+B) Number of voting rights % of voting rights 1,589,200 20.00 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A 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: N/A 14. Contact name: MICHAEL HIRSCHFIELD 15. Contact telephone number: (020) 7451 9800 This information is provided by RNS The company news service from the London Stock Exchange
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