Holding in Company

Ricardo PLC 18 October 2001 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY RICARDO PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST CGNU PLC 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 AS IN 2 ABOVE 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. BNY NORWICH UNION NOMINEES LTD 1,802,823 CHASE GA GROUP NOMINEES LTD 1,584,753 CUIM NOMINEES LTD 964,351 RBSTB NOMINEES LTD 93,215 VIDACOS NOMINEES LTD 462,101 5) Number of shares/amount of stock acquired. 62,445 6) (0.13%) of issued Class 7) Number of shares/amount of stock disposed N/A 8) ( N/A %) of issued Class 9) Class of security ORDINARY SHARES 10) Date of transaction 16 OCTOBER 2001 11) Date company informed 18 OCTOBER 2001 12) Total holding following this notification 4,907,243 13) Total percentage holding of issued class following this notification 10.09 14) Any additional information 15) Name of contact and telephone number for queries M. WIGHTMAN 01273 794416 16) Name and signature of authorised company official responsible for making this notification M. WIGHTMAN Date of Notification 18 OCTOBER, 2001

Companies

Ricardo (RCDO)
UK 100

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