Holding(s) in Company

Quadnetics Group plc 20 March 2008 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): Quadnetics Group 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): NO 3. Full name of person(s) subject to the notification obligation (iii): HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED 4. Full name of shareholder(s) (if different from 3.) (iv): Whitehall Consolidated Ltd 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 19 March 2008 6. Date on which issuer notified: 20 March 2008 7. Threshold(s) that is/are crossed or reached: Above 6% 8. Notified details: +-----------------------------------------------------------------------------------------+ |A: Voting rights attached to | |shares | | | |-----------------------------------------------------------------------------------------| |Class/type of shares |Situation previous |Resulting situation after the | |If possible using the |to the |triggering transaction vii | |ISIN code |triggering |--------------------------------------------| | |transaction vi |Number of|Number of voting |% voting rights| | | |shares |rights | | | |-------------------+---------+------------------+---------------| | |Number of|Number of|Direct |Direct x |Indirect|Direct|Indirect| | |shares |voting | | |xi | | | | | |rights | | | | | | | | |viii | | | | | | |------------------------+---------+---------+---------+---------+--------+------+--------| |GB0007156838 |835,000 |835,000 |1,085,000|1,085,000|- |6.42% |- | | | | | | | | | | +-----------------------------------------------------------------------------------------+ +------------------------------------------------------------------------------+ |B: Financial Instruments | |------------------------------------------------------------------------------| |Resulting situation after the | |triggering transaction xii | | | |------------------------------------------------------------------------------| |Type of |Expiration|Exercise/Conversion|Number of voting rights |% voting| |financial |date xiii |Period/Date xiv |that may |rights | |instrument| | |be acquired if this | | | | | |instrument is | | | | | |exercised/converted | | |----------+----------+-------------------+---------------------------+--------| |- |- |- |- |- | | | | | | | +------------------------------------------------------------------------------+ +----------------------------------------------+ | Total (A+B) | |----------------------------------------------| | Number of voting rights | % of voting rights | |-------------------------+--------------------| | 1,085,000 | 6.42% | +----------------------------------------------+ 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): N/A 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: N/A 14. Contact name: Beat Bass, HSBC Guyerzeller Bank AG 15. Contact telephone number: 0041 58 206 77 41 ENDS ---END OF MESSAGE---

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