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TR-1: Notification of Major Interest in Shares

16th Oct 2012 15:55

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

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 X to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the Ironsides Partners LLC

notification obligation: iii

4. Full name of shareholder(s) Ironsides Partners Opportunity(if different from 3.):iv Master Fund L.P. 5. Date of the transaction and date on 11-12 October 2012which the threshold is crossed orreached: v 6. Date on which issuer notified: 15 October 2012

7. Threshold(s) that is/are crossed or 7% of outstanding ordinary shares reached: vi, vii

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of Situation previous Resulting situation after the triggering transactionshares to the triggeringif possible transactionusingthe ISIN CODE Number Number Number Number of % of voting rights x of of of shares voting rights Shares Voting Rights Direct Direct Indirect Direct Indirect xi xii

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period rights that may be rights xiv acquired if the instrument is exercised/ converted.

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

Resulting situation after the triggering transaction

Type of Exercise Expiration Exercise/ Number of voting % of voting rightsfinancial price date xvii Conversion rights instrument xix, xxinstrument period refers to xviii Contracts for N/A April 18, N/A 1,547,401 Nominal DeltaDifference 2017-September 20, 2012 7.11% 7.11% Total (A+B+C) Number of voting rights Percentage of voting rights 1,547,401 7.11%

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

Ironsides Partners LLC is an indirect holder of the shares and is entitled to exercise the above voting rights because Ironsides Partners LLC is the discretionary investment manager of Ironsides Partners Opportunity Master Fund L.P. Ironsides Partners Opportunity Master Fund L.P. is the direct holder of the above shares.

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 holdvoting rights: 13. Additional information: 14. Contact name: Gustavo Resendiz 15. Contact telephone number: (617) 449-3136

XLON

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