Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer Redde PLC ord 0.1pof 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 X An acquisition or disposal of qualifying financial instruments which may result in theacquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifyingfinancial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the Woodford Investment Management LLPnotification obligation: 4. Full name of shareholder(s) Northern Trust as custodian for the CF(if different from 3.): Woodford Equity Income Fund 5. Date of the transaction and date on 03 July 2014which the threshold is crossed orreached: 6. Date on which issuer notified: 04 July 2014 7. Threshold(s) that is/are crossed or 10,11%reached: 8. Notified details: A: Voting rights attached to sharesClass/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 Shares Voting Rights Direct Direct Indirect Direct Indirect Ord 0.1p 25,412,363 30,412,363 11.5% GB00BLWF0R63 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date Conversion Period rights that may be rights acquired if the instrument is 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 voting instrument price date Conversion period instrument refers to rights Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 30,412,363 11.15 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Woodford Investment Management LLP is the investment manager for the CF WoodfordEquity Income Fund, and as such is entitled to exercise the voting rightsattached to the shares. Proxy Voting: 10. Name of the 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: N Tilley 15. Contact telephone number: 01225 321207