Holding(s) in Company

FRM Credit Alpha Limited

9th July 2010

FRM Credit Alpha Limited reports that it has been advised by Sarasin & Partners LLP on 9th July 2010 using a copy of a TR1 notification of major interest in shares that, following a transaction on 8th July 2010, Sarasin & Partners LLP have an indirect holding over 6,954,717 participating sterling shares of no par value in the capital of the Company, representing 10.5161% of the current issued capital of the Company.