Holding(s) in Company

Ricardo PLC 31 August 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Ricardo plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( Yes ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( No ) An event changing the breakdown of voting rights: ( No ) Other (please specify) : ( ) 3. Full name of person(s) subject to the notification obligation (iii): Legal & General Group Plc (L&G) 4. Full name of shareholder(s) (if different from 3.) (iv): Legal & General Assurance (Pensions Management) Limited (PMC) 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 29 August 2007 6. Date on which issuer notified: 30 August 2007 7. Threshold(s) that is/are crossed or reached: From 6% - 5% (L&G) 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering the ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii) ORD GBP 0.25 0737007 3,106,589 3,106,589 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting possible using the ISIN shares rights (ix) rights CODE Direct Direct (x) Indirect Direct Indirect (xi) ORD GBP 0.25 0737007 2,941,741 2,941,741 5.80 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument (xiii) Period/ Date exercised/ converted. rights (xiv) Total (A+B) Number of voting rights % of voting rights 2,941,741 5.80 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Legal & General Group Plc (Direct and Indirect) (Group) (4,083,618 - 8.05% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (4,083,618 - 8.05% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (4,083,618 - 8.05% = Total Position) Legal & General Group Plc (Direct) (L&G) (2,941,741 - 5.80% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 1,806,243 - 3.56%=PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) (1,806,243 - 3.56% = PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) Proxy Voting: 10. Name of the proxy holder: n/a 11. Number of voting rights proxy holder will cease to hold: n/a 12. Date on which proxy holder will cease to hold voting rights: n/a 13. Additional information: Notification using the total voting rights figure of 50,698,733 14. Contact name: Helen Lewis (LGIM) 15. Contact telephone number: +44 (0)20 3124 3851 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Ricardo (RCDO)
UK 100

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