NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Harvey Nash Group

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

An acquisition or disposal of voting rights 

X

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 obligation:

 The Directors Dealing Investment Trust

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

HSBC Global Custody Nominees Limited

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

13/08/09

6. Date on which issuer notified:

14th August 2009

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

Below 3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

Ordinary shares

GB0006573546

7,914,989

10.778% of class.

0

0

0

Below 3%

0

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

Below 3%

Below 3%

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

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:

Before disposal on 13/08/09 The Directors Dealing Invetment Trust had over 3% interest in Harvery Nash Group. 

On disposal of 7,914,989 Harvery Nash Group shares on 13/08/09 Small Companies trust has an interest of 0%

14. Contact name:

Martyn Morris

15. Contact telephone number:

01392 477 582

Annex Notification Of Major Interests In Shares xvi

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

Full name (including legal form for legal entities)

The Directors Dealing Investment Trust Plc

Contact address (registered office for legal entities)

Beaufort House

51 New North Road

Exeter, Devon EX4 4EP

Phone number 

01392 477 582

Other useful information (at least legal representative for legal persons)

Contact name; Martyn Morris

B:  Identity of the notifier, if applicable xvii

Full name 

Contact address 

Phone number 

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

C: Additional information