Holding(s) in Company

Prodesse Investment Limited 23 July 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Prodesse Investment Limited 2. Reason for the notification (please state Yes/No): ( No ) An acquisition or disposal of voting rights: ( No ) 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) : ( Yes ) Declaration of notifiable holding in accordance with the Transitional Provisions of the Disclosure and Transparency Rules. 3. Full name of person(s) subject to the notification obligation (iii): Polygon Global Opportunities Master Fund, Polygon Investment Partners LP, Polygon Investment Partners LLP, Polygon Investment Partners HK Limited, Polygon Investments Ltd. 4. Full name of shareholder(s) (if different from 3.) (iv): Vidacos Nominees Limited 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): N/A 6. Date on which issuer notified: 23 July 2007 7. Threshold(s) that is/are crossed or reached: 26% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if Situation previous to the Triggering transaction (vi) possible using the ISIN CODE Number of shares Number of voting Rights (viii) GB00B06FN106 6,278,382 6,278,382 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting possible using the ISIN shares rights (ix) rights CODE Direct Direct (x) Indirect Direct Indirect (xi) 7,443,715 7,443,715 26% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument (xiii) Period/ Date exercised/ converted. rights (xiv) Total (A+B) Number of voting rights % of voting rights 7,443,715 26% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Polygon Investment Partners LLP, Polygon Investment Partners LP and Polygon Investment Partners HK Limited (the 'Investment Managers') and Polygon Investments Ltd. (the 'Manager') share voting power of the securities held by Polygon Global Opportunities Master Fund. The Investment Managers are wholly-owned subsideries of the Manager. 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: ................. 14. Contact name: Sean Cote 15. Contact telephone number: 0207 901 8330 This information is provided by RNS The company news service from the London Stock Exchange
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