Holding(s) in Company

23rd Feb 2011 10:34

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Charles Taylor Consulting plc

2. Reason for the notification State Yes/No An acquisition or disposal of voting rights YES

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

Other (please specify):

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

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

5. Date of the transaction (and date on which the threshold 22 February 2011 is crossed

or reached if different) (v): 6. Date on which issuer notified: 22 February 2011 7. Threshold(s) that is/are crossed or reached: 5%

8. Notified details:

A: Voting rights attached to shares

Class/type of Situation Resulting situation shares previous to the after the triggering if possible Triggering transaction (vii) using the ISIN transaction (vi)

CODE Ordinary 1p Number Number Number Number of voting % of voting of of of rights (ix) rights Shares Voting shares Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi)

GB0001883718 2,017,111 2,017,111 2,051,611 2,051,611 5.08%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of Expiration Exercise/ Number of voting % of votingfinancial date (xiii) Conversion rights that may be rights instrument Period/ Date (xiv) acquired if the instrument is exercised/ converted Total (A+B)

Number of voting rights % of voting rights

2,051,611 5.08%

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

Kabouter Management LLC manages "Kabouter Fund II" and co manages "Talon International Select Partners" and has interest in 2,051,611 shares of Charles Taylor Consulting Plc.

1,908,631 shares are held in "Kabouter Fund II" 142,980 shares are held in "Talon International Select Partners"

Proxy Voting:10. Name of the 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: 14. Contact name: Linda Choi

15. Contact telephone number:

+1 312 546 3091

vendor

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Related Shares:

Charles Taylor