Holding(s) in Company

Bear Stearns Private Equity Limited
17 November 2005

Bear Stearns Private Equity Limited

HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU

Regulatory News Service

London Stock Exchange

London

EC4M 7LS



17th November, 2005



Dear Sir,

BEAR STEARNS PRIVATE EQUITY LIMITED

The Company has today been informed of the following major shareholding:

HSBC Bank Plc 3,274,000 ZDP Shares (9.9% of those in issue)

END


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