Holding(s) in Company

Ricardo PLC 17 December 2003 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) NAME OF COMPANY RICARDO PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST STANDARD LIFE INVESTMENTS 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. STANLIFE NOMINEES LIMITED 5) Number of shares/amount of stock acquired. N/A 6) Percentage of issued Class N/A 7) Number of shares/amount of stock disposed 579,913 8) Percentage of issued Class 1.16% 9) Class of security ORDINARY SHARES 10) Date of transaction 12 DECEMBER, 2003 11) Date company informed 15 DECEMBER, 2003 12) Total holding following this notification 1,317,954 13) Total percentage holding of issued class following this notification 2.64% 14) Any additional information 15) Name of contact and telephone number for queries 01273 794416 16) Name and signature of authorised company official responsible for making this notification Date of Notification 17 DECEMBER, 2003 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Ricardo (RCDO)
UK 100

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