Holding(s) in Company

For filings with the FSA include the annexFor filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer AVINGTRANS

PLC

of existing shares to which voting rights areattached: ii2. Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights

√

An acquisition or disposal of qualifying financial instruments which mayresult in the acquisition of shares already issued to which voting rightsare attached

An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to ROYAL BANK OF CANADA

the notification obligation: iii

4. Full name of shareholder(s) RBC CEES TRUSTEE LIMITED(if different from 3.):iv RBC TRUSTEES (CI) LIMITED RBC TRUST COMPANY (INTERNATIONAL) LIMITED5. Date of the transaction and date on 20 DECEMBER 2012which the threshold is crossed orreached: v6. Date on which issuer notified: 15 JANUARY 20137. Threshold(s) that is/are crossed or 5%

reached: vi, vii

8. Notified details:

A: Voting rights attached to shares viii, ixClass/type of Situation previous Resulting situation after the triggering transactionshares to the triggering transaction if possibleusingthe ISIN CODE Number Number Number Number of voting % of voting rights of of of shares rights x Shares Voting Rights Direct Direct xi Indirect xii Direct Indirect ORDINARY SHARES 2,357,300 2,357,300 9.06% GB0009188797

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transactionType of financial Exercise Expiration Exercise/

Number of voting rights % of votinginstrument price date xvii Conversion period

instrument refers to rights xix, xx

xviii Nominal Delta Total (A+B+C)Number of voting rights Percentage of voting rights2,357,300 9.06%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

RBC cees Trustee limited, RBC Trustees (CI) limited and RBC Trust Company(International) Limited are wholly owned indirect subsidiaries of the Royal bank ofCanada.

As disclosed in the TR-1 notification made in May 2012 on behalf of Nigel Wray itwas noted that the family of Nigel Wray maintain a beneficial interest in 1,477,300shares. The shares are held by RBC Trustees (CI) limited and RBC Trust Company(International) Limited who retain control of the underlying voting rights in theircapacity as Trustee. Proxy Voting:10. Name of the proxy holder: N/A11. Number of voting rights proxy holder will cease N/A

to hold:

12. Date on which proxy holder will cease to hold N/Avoting rights: 13. Additional information: Figures are based on total number of voting rights 26,031,00014. Contact name: SCOTT ROBERTS15. Contact telephone number: (01534) 745964

Note: Annex should only be submitted to the FSA not the issuerAnnex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation

Full name Royal Bank of Canada

(including legal form of legal entities)

Contact address Royal Bank Plaza, South Tower 200 Bay Street, Suite 600(registered office for legal entities) Toronto, Ontario, Canada M5J 2J5 Phone number & email Other useful information (at least legal representative for legalpersons) B: Identity of the notifier, if applicableFull name Scott Roberts Contact address 19-21 Broad Street, St Helier JERSEY JE1 8PB Phone number & email 01534 602791 Other useful information RBC Central Compliance Services (e.g. functional relationship with theperson or legal entity subject to thenotification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.