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 the notification (please tick the appropriate box or boxes):

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

Other (please specify):

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

 FIL Limited

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

FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ) and FIL Investments International (FII), investment managers for various non-US investment companies and institutional clients.

SHARES HELD

NOMINEE

MANAGEMENTCOMPANY

52,483,058

BROWN BROS HARRIMN LTD LUX

FIL

168,826

BROWN BROTHERS HARRIMAN AND CO

FIJ

102,660

JP MORGAN, BOURNEMOUTH

FISL

45,578

BROWN BROS HARRIMN LTD LUX (C)

FIL

523,752

JP MORGAN, BOURNEMOUTH (C)

FIL

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

10 May 2011

6. Date on which issuer notified:

12 May 2011

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

11%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Indirect

Direct

Indirect

Direct

Indirect

 GB0000163088

58,323,874

58,323,874

53,323,874

53,323,874

10.30

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

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

53,323,874

10.30%

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

FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ) and FIL Investments International (FII), investment managers for various non-US investment companies and institutional clients.

SHARES HELD

NOMINEE

MANAGEMENTCOMPANY

52,483,058

BROWN BROS HARRIMN LTD LUX

FIL

168,826

BROWN BROTHERS HARRIMAN AND CO

FIJ

102,660

JP MORGAN, BOURNEMOUTH

FISL

45,578

BROWN BROS HARRIMN LTD LUX (C)

FIL

523,752

JP MORGAN, BOURNEMOUTH (C)

FIL

Proxy Voting:

10. Name of the proxy holder:

 FIL Limited

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

5,000,000

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

10 May 2011

13. Additional information:

None

14. Contact name:

Suzana Koncarevic

15. Contact telephone number:

 01942 327206