Holding(s) in Company

Ricardo PLC 22 January 2007 LETTER TO: RICARDO GROUP PLC DATED: 19th JANUARY 2007 Section 198 Companies Act 1985 Pursuant to Section 198 of the Companies Act 1985 we write to inform you that as at the close of its business on 18th January 2007, UBS AG, acting through its business group and legal entities detailed below, had an interest in 2,374,834 Ordinary shares of Ricardo Group PLC, representing 4.68 per cent of the issued share capital of the Company (50,698,733). None of the Relevant Shares are shares in which UBS AG is interested by virtue of Section 208(5) of The Act. UBS business group/legal entity Breakdown of position held (%) UBS Global Asset Management (Life) Ltd 2,173,099 4.29% shares UBS AG London Branch 201,735 0.40% shares UBS AG - Total 2,374,834 4.68% shares LETTER FROM: UBS AG This information is provided by RNS The company news service from the London Stock Exchange

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Ricardo (RCDO)
UK 100

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