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Queens Walk Inv Ltd (RECI)

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Monday 08 October, 2007

Queens Walk Inv Ltd

Holding(s) in Company


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:

Queens Walk Investment Limited

2. Reason for the notification                                           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       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        
                                                                               

3. Full name of person(s) subject to the notification          Lloyds TSB Group
obligation (iii):                                                    Plc       
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):      State Street  
                                                                 Nominees Ltd  
                                                                               
5. Date of the transaction (and date on which the threshold is 5th October 2007
crossed or reached if different) (v):                                          
                                                                               
6. Date on which issuer notified:                              8th October 2007
                                                                               
7. Threshold(s) that is/are crossed or reached:                Fallen below 5% 
                                                                               
8. Notified details:                                                 N/A       
                                                                               

A: Voting rights attached to shares

 Class/type of   Situation previous   Resulting situation after the triggering 
     shares              to                      transaction (vii)             
   if possible     the Triggering                                              
 using the ISIN   transaction (vi)                                             
      CODE                                                                     
                                                                               
                  Number    Number    Number   Number of voting   % of voting  
                    of        of        of       rights (ix)        rights     
                  Shares    Voting    shares                                   
                            Rights                                             
                             (viii)                                            
                                                                               
                                      Direct   Direct Indirect  Direct Indirect
                                                (x)     (xi)                   
                                                                               
Ord NPV B0HW536  3,370,170 3,370,170 1,698,566        1,698,566         4.289  
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

    Type of     Expiration     Exercise/        Number of voting        % of   
   financial       date       Conversion       rights that may be      voting  
  instrument      (xiii)     Period/ Date        acquired if the       rights  
                                 (xiv)             instrument                  
                                             is exercised/converted            
                                                                               

Total (A+B)                               
                                          
Number of voting rights % of voting rights
                                          
1,698,566               4.289%            
                                          

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



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:             Jamie Waller       
                                                 
15. Contact telephone number: +44 (0) 1444 418127
                                                 

Annex Notification Of Major Interests In Shares (xvi)

A: Identity of the person or legal entity subject to                           
the notification obligation                                                    
                                                                               
Full name (including legal form for legal entities)  Lloyds TSB Group Plc      
                                                                               
Contact address (registered office for legal         Henry Duncan House        
entities)                                                                      
                                                     120 George Street         
                                                                               
                                                     Edinburgh                 
                                                                               
                                                     EH2 4LH                   
                                                                               
Phone number                                         +44 (1) 131 225 4555      
                                                                               
Other useful information (at least legal                                       
representative for legal persons)                                              
                                                                               
B: Identity of the notifier, if applicable (xvii)                              
                                                                               
Full name                                            Lloyds TSB Central        
                                                     Disclosure Unit           
                                                                               
Contact address                                      2nd Floor                 
                                                                               
                                                     31/33 Perrymount Road     
                                                                               
                                                     Haywards Heath            
                                                                               
                                                     West Sussex               
                                                                               
                                                     RH16 3SP                  
                                                                               
Phone number                                         +44 (0) 1444 418127       
                                                                               
                                                     GrpOps_CDU@LloydsTSB.co.uk
                                                                               
Other useful information (e.g. functional                                      
relationship with the person                                                   
or legal entity subject to the notification                                    
obligation)                                                                    
                                                                               

C:  Additional information

Kleinwort Benson (Channel Islands) Fund Services Limited
                                                        
Company Secretary                                       
                                                        
+44 (0) 1481 727111