Holding(s) in Company

TR-1: Notification of Major Interest in Shares

1: Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Speedy Hire Plc

2: Reason for notification (yes/no)

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

No

Other (please specify):

3. Full name of person(s) subject to the notification obligation:

Majedie Asset Management Limited

4. Full name of shareholder(s) (if different from 3.):

Majedie UK Smaller Companies Fund

Majedie UK Income Fund

Majedie Asset Management UK Income Fund

Majedie UK Equity Fund

Segregated Accounts

5. Date of the transaction (and date on which the threshold

is crossed or reached):

12 November 2015

6. Date on which issuer notified:

13 November 2015

7. Threshold(s) that is/are crossed or reached:

Over 5%

8: Notified Details

A: Voting rights attached to shares

Class/type of share If possible use ISIN code

GB0000163088

Situation previous to the triggering transaction

Number of shares

Number of voting rights

26,093,000

26,093,000

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Percentage ofvoting rights

Direct

Indirect

Direct

Indirect

34,893,650

6.68%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired(if the instrument exercised/converted)

Percentage of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

34,893,650

6.68%

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

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will acquire:

12. Date on which proxy holder will acquire voting rights:

13. Additional information:

Majedie Asset Management Limited is a discretionary Fund Manager. It invests funds on behalf of its clients on a segregated basis as well as through sub-funds of its pooled vehicles, Majedie Asset Management Investment Fund Company and Majedie Asset Management (International) Investment Fund Company Plc. It is also the manager of Majedie Institutional Trust.

14. Contact name:

James Blair

15. Contact telephone number:

01942 327206