Holding(s) in Company

Quadnetics Group plc 27 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): 26 March 2008 6. Date on which issuer notified: 27 March 2008 7. Threshold(s) that is/are crossed or reached: Above 7% 8. Notified details: +---------------------------------------------------------------------------------------------+ |A: Voting rights | |attached to shares | | | |---------------------------------------------------------------------------------------------| |Class/type of|Situation previous to |Resulting situation | |shares |the triggering transaction vi |after the triggering transaction vii | |If possible | |--------------------------------------------| |using the | |Number of|Number of voting |% voting rights| |ISIN code | |shares |rights | | | |----------------------------------+---------+------------------+---------------| | |Number of |Number of voting |Direct |Direct x |Indirect|Direct|Indirect| | |shares |rights | | |xi | | | | | |viii | | | | | | |-------------+-----------+----------------------+---------+---------+--------+------+--------| |GB0007156838 |1,085,000 |1,085,000 |1,210,000|1,210,000|- |7.16% |- | | | | | | | | | | +---------------------------------------------------------------------------------------------+ +------------------------------------------------------------------------------+ |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 be acquired if |rights | |instrument| | |this instrument is | | | | | |exercised/converted | | |----------+----------+--------------------+--------------------------+--------| |- |- |- |- |- | | | | | | | +------------------------------------------------------------------------------+ +----------------------------------------------+ | Total (A+B) | |----------------------------------------------| | Number of voting rights | % of voting rights | |-------------------------+--------------------| | 1,210,000 | 7.16% | +----------------------------------------------+ 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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