Holding(s) in Company

Ricardo PLC
13 December 2006




Ricardo plc (the 'Company'), on 12 December 2006, received notification from UBS
that, as at 7th December 2006, UBS AG, through its business group and legal
entities detailed below, had a notifiable interest in the Company of 2,456,764
Ordinary shares, representing 4.91% 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     2,448,099 shares               4.90%
UBS AG London Branch                       8,665 shares                   0.01%
UBS AG - Total                             2,456,764 shares               4.91%




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