Holding(s) in Company

Somero Enterprises Inc. 04 May 2007 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing Somero Enterprises LLC shares to which voting rights are attached: 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): Re-disclosure following implementation of the Transparency Directive 3. Full name of person(s) subject to the notification BT Pension Scheme Trustees Limited as obligation: trustee of the BT Pension Scheme. See Section 9 for further information. 4. Full name of shareholder(s) (if different from 3.): Royal Mail Pensions Trustees Limited as trustee of the Royal Mail Pension Plan 5. Date of the transaction (and date on which the threshold is 30 April 2007 crossed or reached if different): 6. Date on which issuer notified: 1 May 2007 7. Threshold(s) that is/are crossed or reached: 15% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to Resulting situation after the triggering transaction shares the Triggering transaction if possible using Number of Number of Number of Number of voting rights % of voting rights the ISIN CODE Shares Voting shares Rights Direct Direct Indirect Direct Indirect B1GCQ97 4,611,130 4,611,130 2,713,387 2,713,387 2,197,743 8.723% 7.066% USU834501038 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting instrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 4,911,130 15.789% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund Trustees Limited, which is the parent undertaking of Hermes Pensions Management Limited. Hermes Pensions Management Limited is the parent undertaking of: 1. Hermes Investment Management Limited (voting rights held in this issuer: 15.789%) Please see Section 13 for further information. Proxy Voting: 10. Name of the proxy holder: See Comment in Section 13. 11. Number of voting rights proxy holder will cease to hold: See Comment in Section 13. 12. Date on which proxy holder will cease to hold voting rights: See Comment in Section 13. 13. Additional information: Hermes Investment Management Limited hold the voting rights under a standing proxy contained in investment management agreements with various underlying clients, which includes all the shares owned directly by BT Pension Scheme. All voting rights held on behalf of the above entities are aggregated for the purposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5. This disclosure is made by BT Pension Scheme Trustees Limited, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e) 14. Contact name: Valerie Davidson / Margaret Moss 15. Contact telephone number: 020 7680 2125 A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal BT Pension Scheme Trustees Limited as trustee of the BT entities) Pension Scheme and Hermes Pensions Management Limited Contact address Lloyds Chambers, 1 Portsoken Street, London E1 8HZ Phone number 020 7702 0888 Other useful information (at least legal BT Pension Scheme Trustees Limited is the parent undertaking representative for legal persons) of the group of companies subject to the notification obligation as indirect holders of voting rights for the purpose of DTR 5.2.1(a) and 5.2.1(e) B: Identity of the notifier, if applicable Full name Hermes Investment Management Limited as agent for BT Pension Scheme Trustees Limited Contact address Lloyds Chambers, 1 Portsoken Street, London E1 8HZ Phone number 020 7680 2177 / 020 7680 2125 Other useful information (e.g. functional Hermes Investment Management Limited acts as investment relationship with the person or legal manager and agent on behalf of BT Pension Scheme Trustees entity subject to the notification Limited obligation) C: Additional information Please contact Valerie Davidson / Margaret Moss on the above number for further information. Copy sent to Company Secretary, Mike Niemela of Somero Enterprise, Fax No: 001 603 532 1662 This information is provided by RNS The company news service from the London Stock Exchange
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