Holding(s) in Company

Ricardo PLC 14 November 2006 LETTER TO: RICARDO GROUP PLC DATED: 10 NOVEMBER 2006 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 9th November 2006, UBS AG, acting through its business group and legal entities detailed below, had an interest in 2,448,367 Ordinary shares of Ricardo Group PLC, representing 4.90 per cent of the issued share capital of the Company (50,010,903). 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 2,448,099 shares 4.90% UBS AG London Branch 268 shares 0.00% UBS AG - Total 2,448,367 shares 4.90% LETTER FROM: UBS AG This information is provided by RNS The company news service from the London Stock Exchange

Companies

Ricardo (RCDO)
UK 100

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