Disclosure of Short Position

TR-5:

Disclosure of Short Position relating to securities which are the subject of a rights issue or a UK Financial Sector Company

1. Full name of person(s) holding the disclosable short position:

UBS London Branch

2: Name of the issuer of the relevant securities

Pursuit Dynamics Plc

3: Disclosable short position

-0.302%

4. Date that disclosable short position was held

27 February 2012