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Holding(s) in Company

25th Nov 2009 15:56

Financial Services Authority

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying Electra Private Equity Plcissuerof existing shares to which voting rights areattached:

2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights

Yes

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 (pleasespecify): 3. Full name of person(s) subject to the The Cooperative Asset Managementnotification obligation:4. Full name of shareholder(s) Cooperative lnsurance Society

Limited

(if different from 3.):

3 November 2009 5. Date of the transaction and date onwhich the threshold is crossed orreached: 6. Date on which issuer notified: 4 November 20097. Threshold(s) that is/are crossed or 5.738%

reached:

8. Notified details:

A: Voting rights attached to sharesClass/type of Situation previous Resulting situation after the triggeringshares to the triggering transaction transaction if possibleusingthe ISIN CODE Number Number Number of voting % of voting rights of of rights Shares Voting Number Rights of shares Direct Indirect Direct IndirectGB 003085445 1,695,389 1,695,389 2,027,730 2,027,730 5.738 B: Qualifying Financial InstrumentsResulting situation after the triggering transaction Number of voting rights that may beType of financial Expiration Exercise/ acquired if the % of votinginstrument date Conversion Period instrument is rights exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction

Type of financial Exercise Expiration Exercise/ Number of voting rights % of votinginstrument price date Conversion instrument refers to rights period Nominal Delta Total (A+B+C)Number of voting rights Percentage of voting rights 5.738 2,027,730

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: N/A11. Number of voting rights proxy holder will cease N/Ato hold:12. Date on which proxy holder will cease to hold N/Avoting rights: Company Secretary notified 24 November 200913. Additional information:14. Contact name: Julian Rhys, Frostrow Capital LLP15. Contact telephone number: 0203 008 4613

vendor

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