Holding(s) in Company

Electra Private Equity PLC
22 May 2007

Electra Private Equity PLC



22 May 2007



TR-1: Notification of Major Interest in Shares
1    Identify of the issuer or the underlying issuer of existing
     shares to which voting rights are attached:
                                                                               ELECTRA PRIVATE EQUITY PLC

2    Reason for the notification: (place a X inside the
     appropriate brackets)
     An acquisition or disposal of voting rights                                          (  )
     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):                                                               (X)



     A sale of shares has caused subsidiaries of Prudential plc
     to drop below 6% triggering this notification.
3    Full name of person(s) subject to the notification                     Prudential plc group of companies
     obligation:
4    Full name of shareholder(s) (if different from 3):                               See Section 9


5    Date of the transaction (and date on which the threshold is                       17 May 2007
     crossed or reached if different):
6    Date on which issuer notified:                                                    21 May 2007


7    Threshold(s) that is/are crossed or reached:                                          6%


8    Notified details:

A: Voting Rights attached to Shares
Class/type of shares        Situation previous to  Resulting situation after the triggering transaction
                            the Triggering
If possible using the ISIN  transaction
CODE
                            Number of   Number of  Number of     Number of Voting Rights        % of Voting Rights
                            shares      Voting     Shares
                                        Rights
                                                   Direct        Direct         Indirect        Direct       Indirect
         Ordinary           2,274,125   2,274,125  2,257,418     2,257,418                      6.01%

       GB0003085445



B: Financial Instruments

Resulting Situation after the triggering transaction
Type of financial           Expiration date       Exercise/Conversion Period/   Number of voting rights % of Voting
instrument                                        Date                          that may be acquired if Rights
                                                                                the instrument is
                                                                                exercised/converted


N/A                         N/A                   N/A                           N/A                     N/A







Total (A+B)
Number of voting rights                                % of voting rights


2,257,418                                              6.01%





9 Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable
Prudential plc (parent company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) (See Section 13)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) (See Section 13)

.


Proxy Voting
10 Name of the proxy holder:                             N/A




11 Number of voting rights proxy holder will cease to    N/A
hold:


12 Date on which proxy holder will cease to hold voting  N/A
rights:


13 Additional Information:                               The Prudential Assurance Company Limited (a wholly owned
                                                         subsidiary of Prudential plc) and M&G Investment Management
                                                         Limited (wholly owned subsidiary of M&G Limited) have dropped
                                                         below a 6% notifiable interest triggering this notification.





14 Contact name:                                         Emma Thompson (M&G)


15 Contact telephone number:                             020 7626 4588 (M&G)






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