Holding(s) in Company

Ricardo PLC
22 September 2006


Friday 22 September 2006

Ricardo plc (the 'Company'), on 21 September 2006, received notification from
UBS that, as at 15th September 2006, UBS AG, through its business group and
legal entities detailed below, had a notifiable interest in the Company of
3,066,148 Ordinary shares, representing 6.13% of the issued share capital of the
Company (50,010,903).

UBS business group / legal entity          Breakdown of position held
UBS Global Asset Management (Life) Ltd     2,980,067 shares               5.96%
UBS AG London Branch                       1,042 shares                   0.00%
UBS AG (Switzerland)                       85,039                         0.17%
UBS AG - Total                             3,018,815 shares               6.04%




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