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Holding(s) in Company

15th Aug 2007 14:02

Debt Free Direct Group PLC15 August 2007 TR-1: Notifications of Major Interests in Shares Debt Free Direct plc 1. Identity of the issuer or the underlying issuer ofexisting shares to which voting rights are attached: 2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights No An acquisition or disposal of financial instruments which may result in the acquisitionof shares already issued to which voting rights are attached No An event changing the breakdown of voting rights No Other (please specify):_Share issue by company_____________ Matthew R Peacock 3. Full name of person(s) subject to notificationobligation: Hanover General Partner I Limited Hanover I Fund where the shares are registered in the name of Vidacos Nominees Limited Hanover I Master Fund LP where the shares are registered in the name of Vidacos Nominees Limited As above 4. Full name of shareholder(s) (if different from3): 15 August 2007 5. Date of transaction (and date on which thethreshold is crossed or reached if different): 15 August 2007 6. Date on which issuer notified: 15% 7. Threshold(s) that is/are crossed or reached: 8: Notified DetailsA: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transactionshares triggering transaction Number of Number of Number of Number of voting rights Percentage of votingIf possible shares voting shares rightsuse ISIN code rights Direct Indirect Direct IndirectGB0032360280 92,601 92,601 6,267,272 6,267,272 15.00% B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of votinginstrument period/date that may be acquired rights (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights6,267,272 15.00% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectivelyheld, if applicable:Vidacos Nominees Limited controls the total voting rights; being the vehicle managed by the Prime Broker to Hanover IFund LP and Hanover I Fund. Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: 14 Contact name: Paul Latham 15. Contact telephone name: 0845 296 0200 This information is provided by RNS The company news service from the London Stock Exchange

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