Holding(s) in Company

Rurelec PLC
13 March 2008



                                  Rurelec plc


                              Holdings in Company



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Rurelec plc


2. Reason for the notification:


An acquisition or disposal of voting rights



3. Full name of person(s) subject to the notification obligation (iii):


Rab Capital Plc


4. Full name of shareholder(s)


Credit Suisse Client Nominees (UK) Limited


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

05/02/2008


6. Date on which issuer notified:

12/03/2008


7. Threshold(s) that is/are crossed or reached:

10%


8. Notified details:

n/a


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)

GB00B01XPW41                               6,365,000                 6,365,000



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)

GB00B01XPW41                 8,815,000    8,815,000        -    12.03%


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

     8,815,000                               12.03%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :

RAB Capital plc does not act as custodian for its clients and therefore the
shares are held in the nominee name of the custodian of its clients, which is
CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.


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:

.................


14. Contact name:

.................


15. Contact telephone number:

.................


Annex to Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the notification obligation


Full name (including legal form for legal entities):

Rab Capital


Contact address (registered office for legal entities):

1 Adam Street, London, WC2N 6LE


Phone number:

020 7389 7000


Other useful information (at least legal representative for legal persons):

.................


B: Identity of the notifier, if applicable (xvii)


Full name:


As above


Contact address:

.................


Phone number:

.................


Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

.................


C: Additional information :

.................




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