Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Circle Holdings Ltd

Sedol B4V99J5

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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

ü

An event changing the breakdown of voting rights

Other (please specify):

Participation in IPO

ü

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

¹Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership

²Lansdowne Partners International Limited

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

Lansdowne UK Equity Fund Ltd

Lansdowne UK Equity Fund, L.P.

Lansdowne UK Strategic Investment Master Fund Ltd

Morstan Nominees Ltd

(Registered Shareholders)

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

17/06/2011

6. Date on which issuer notified:

21/06/2011

7. Threshold(s) that is/are crossed orreached: vi, vii

Up to and including thresholds to 29%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares

JE00B4V99J57

See 13

See 13

18,170,570

28.95%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

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

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Warrants

£1.52

open

Any time

271,985

Nominal

Delta

0.43%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

18,442,555

29.38%

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

Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership, the discretionary investment manager to:

·; Lansdowne UK Equity Fund Ltd

·; Lansdowne UK Equity Fund, L.P.

·; Lansdowne UK Strategic Investment Master Fund Ltd

(together the "Funds").

Certain shares are held by the Fund are registered in the name of Morstan Nominees Ltd.

Proxy Voting:

10. Name of the proxy holder:

Lansdowne Partners Limited

11. Number of voting rights proxy holder will ceaseto hold:

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

13. Additional information:

Based on total voting rights of 62,771,049

Prior to the IPO, Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership controlled 1,187,357 (20.3%) of the shares/voting rights of the company.

14. Contact name:

Johanna Stohr

15. Contact telephone number:

+44 020 7290 5500

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Contact address

(registered office for legal entities)

Phone number & email

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.