Holding(s) in Company

22nd Jan 2007 17:28

Ricardo PLC22 January 2007 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying Ricardo PLCissuer of existing shares to which voting rights are attached:-------------------------------------------------------------------------------- 2. Reason for the notification (please tick the appropriate box orboxes) ------- An acquisition or disposal of voting rights -------An acquisition or disposal of financial instruments which may result inthe acquisition of shares already issued to which voting rights are attached ------- An event changing the breakdown of voting rights -------Other (please specify):____________Initial Disclosure_______________ X --------------------------------------------------------------------------------------- 3. Full name of person(s) subject to the Baillie Gifford & Conotification obligation: -------------------------------------------------------------------------------- 4. Full name of shareholder(s) (if differentfrom 3.): -------------------------------------------------------------------------------- 5. Date of the transaction (and date on which 19 January 2007the threshold is crossed or reached if different):-------------------------------------------------------------------------------- 6. Date on which issuer notified: 22-JAN-2007-------------------------------------------------------------------------------- 7. Threshold(s) that is/are crossed or reached: 5%-------------------------------------------------------------------------------- 8. Notified details:-------------------------------------------------------------------------------- A: Voting rights attached to shares Class/type of Situation previous Resulting situation after the triggeringshares to the Triggering transactionif possible transaction using the ISIN Number Number of Number Number of voting % of votingCODE of Voting of rights rights Shares Rights shares Direct Direct Indirect Direct Indirect Ordinary Share N/A N/A 2996654 5.91GB0007370074 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ exercised/ converted. rights DateN/A Total (A+B)Number of voting rights % of voting rights 2996654 5.91 -------------------------------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: In the narrative below, the figures in ( ) indicate the amount of voting rightsand the percentage held by each controlled undertaking where relevant.Baillie Gifford & Co, a discretionary investment manager, is the parentundertaking of an investment management group. Its wholly-owned direct subsidiary undertaking Baillie Gifford Overseas Limited(993354; 2.0%) is also a discretionary investment manager. Its wholly-owned indirect (via Baillie Gifford Life Limited) subsidiaryundertaking Baillie Gifford & Co Limited (1000000; 2.0%) is an OEIC AuthorisedCorporate Director and Unit Trust Manager which has delegated its discretionaryinvestment management role to Baillie Gifford & Co.-------------------------------------------------------------------------------- Proxy Voting: 10. Name of the proxy holder: N/A-------------------------------------------------------------------------------- 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: Mike Donlevy-------------------------------------------------------------------------------- 15. Contact telephone number: 0131 275 2650-------------------------------------------------------------------------------- This information is provided by RNS The company news service from the London Stock Exchange

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