Holding(s) in Company

+------------------------------------------------+ | TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | +------------------------------------------------+ +-------------------------------------------------------+----------------------+ |1. Identity of the issuer or the underlying issuer of |  Quadnetics Group plc| |existing 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 qualifying financial instruments which may | | |result in the acquisition of shares already issued to which voting rights | | |are attached |  | +---------------------------------------------------------------------------+--+ |  | | |An acquisition or disposal of instruments with similar economic effect to | | |qualifying financial instruments |  | +---------------------------------------------------------------------------+--+ |  | | |An event changing the breakdown of voting rights |  | +---------------------------------------------------------------------------+--+ |  | | |Other (please specify):   |  | +---------------------------------------------------------------------------+--+ +-----------------------------------------+------------------------------------+ |3. Full name of person(s) subject to the |HSBC GLOBAL CUSTODY NOMINEE (UK) LTD| |notification obligation: | | |  | | +-----------------------------------------+------------------------------------+ |4. Full name of shareholder(s) (if |Whitehall Consolidated Ltd | |different from 3.): | | |  | | +-----------------------------------------+------------------------------------+ |5. Date of the transaction and date on |26.11.2010 | |which the threshold is crossed or | | |reached: | | |  | | +-----------------------------------------+------------------------------------+ |6. Date on which issuer notified: |26.11.2010 | |  | | +-----------------------------------------+------------------------------------+ |7. Threshold(s) that is/are crossed or |Above 24% | |reached: | | |  | | +-----------------------------------------+------------------------------------+ +------------------------------------------------------------------------------+ |8. Notified details: | +------------------------------------------------------------------------------+ |A: Voting rights attached to shares | |  | +-------------+-------------------+--------------------------------------------+ |Class/type of|Situation previous |Resulting situation after the triggering | |shares |to the triggering |transaction | | |transaction | | |if possible +---------+---------+---------+------------------+---------------+ |using |Number |Number |Number |Number of voting |% of  voting | |the ISIN CODE|of |of |of shares|rights |rights | | |Shares |Voting +---------+---------+--------+------+--------+ | | |Rights |Direct |Direct |Indirect|Direct|Indirect| +-------------+---------+---------+---------+---------+--------+------+--------+ |GB0007156838 | | | | | | | | | |4,145,000|4,145,000|4,245,000|4,245,000|  |24.16%|  | |  | | | | | | | | +-------------+---------+---------+---------+---------+--------+------+--------+ +-------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +-------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | |  | +-----------------+----------+----------+---------------------+-----------+ |Type of financial|Expiration|Exercise/ |Number of voting |% of voting| |instrument |date |Conversion|rights that may be |rights | | | |Period |acquired if the | | | | | |instrument is | | | | | |exercised/ converted.| | | | | |  | | +-----------------+----------+----------+---------------------+-----------+ |  |  |  |  |  | +-----------------+----------+----------+---------------------+-----------+ +------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | |  | +---------------+--------+----------+----------+--------------+----------------+ |Type of |Exercise|Expiration|Exercise/ |Number of |% of voting | |financial |price |date |Conversion|voting |rights | |instrument | | |period |rights |  | | | | | |instrument | | | | | | |refers to | | +---------------+--------+----------+----------+--------------+-------+--------+ | | | | | |Nominal| Delta | | | | | | | |   | | | | | | +-------+--------+ |  |  |  |  |  |  |  | +---------------+--------+----------+----------+--------------+-------+--------+ +-------------------------------------------------------+ | Total (A+B+C) | |   | +-------------------------+-----------------------------+ | Number of voting rights | Percentage of voting rights | +-------------------------+-----------------------------+ | 4,245,000 | 24.16% | +-------------------------+-----------------------------+ +------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or the| |financial instruments are effectively held, if applicable: | +------------------------------------------------------------------------------+ |  | +----------------------------------------------------------------------+ | Proxy Voting: | |   | +------------------------------------------------------------------+---+ | 10. Name of the proxy holder: |   | |   | | +------------------------------------------------------------------+---+ | 11. Number of voting rights proxy holder will cease to hold: |   | |   | | +------------------------------------------------------------------+---+ | 12. Date on which proxy holder will cease to hold voting rights: |   | |   | | +------------------------------------------------------------------+---+ +-----------------------------+-----------------------------------------------+ |13. Additional information: |  | |  | | +-----------------------------+-----------------------------------------------+ |14. Contact name: |Fabia Schulthess, HSBC Private Bank (Suisse) SA| |  | | +-----------------------------+-----------------------------------------------+ |15. Contact telephone number:|0041 58 705 3235 | |  | | +-----------------------------+-----------------------------------------------+ [HUG#1466513] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Quadnetics Group plc via Thomson Reuters ONE

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