Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

Environmental Recycling Tech Plc ORD 2.5p

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Yes

Other (please specify): Increase in number of shares in issue

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

The Royal Bank of Scotland Group plc

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

ABN AMRO Bank N.V

5. Date of transaction (and date on which the threshold is crossed or reached if different):

23/07/2008

6. Date on which issuer notified:

23/07/2008

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

25%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ord 2.5P

GB0030949472 

74,724,562

74,724,562

74,724,562

74,724,562

27.54%

B: 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

Total (A+B)

Number of voting rights

Percentage of voting rights

74,724,562

27.54%

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

The Royal bank of Scotland Group plc (27.54%)

RFS Holdings N.V. (27.54%)

ABN AMRO Holding N.V. (27.54%)

ABN Amro Bank N.V. (27.54%)

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

This Notification is based upon the Voting Rights figure of 271,297,319 obtained from the issuer.

14 Contact name:

Richard Hopkins

15. Contact telephone name:

020 7714 4459