Holding(s) in Company

+--------------------------------------------------+ | TR-1: Notifications of Major Interests in Shares | +--------------------------------------------------+ |  |  | |1. Identity of the issuer or the | Novae Group plc| |underlying issuer of existing shares to | | |which voting rights are attached: | | +------------------------------------------+-----------------------------------+ |  | |2. Reason for notification (yes/no) | +------------------------------------------------------------------+-----------+ |  |  | |An acquisition or disposal of voting rights |Acquisition| +------------------------------------------------------------------+-----------+ |  |  | |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) | Prudential plc group of companies| |subject to notification | | |obligation: | | +-------------------------------+----------------------------------------------+ |  |  | |4. Full name of shareholder(s) | Shares registered in:| |(if different from 3): | Nortrust Nominees Ltd a/c MHF01| | | Nortrust Nominees Ltd a/c MKK01| | | PRUCLT HSBC GIS Nom(UK) PAC a/c| | | PRUCLT HSBC GIS Nom(UK) PPL a/c| | |  | +-------------------------------+----------------------------------------------+ |  |  | |5. Date of transactions (and | 28 April 2011| |date on which the threshold is | | |crossed or reached if | | |different): | | +-------------------------------+----------------------------------------------+ |  |  | |6. Date on which issuer | 3 May 2011| |notified: |  | +-------------------------------+----------------------------------------------+ |  |  | |7. Threshold(s) that is/are | 11% to 12%| |crossed or reached: | | +-------------------------------+----------------------------------------------+ +------------------------------------------------------------------------------+ |8: Notified Details | +------------------------------------------------------------------------------+ |A: Voting rights attached to shares | |  | +-------------+-------------------+--------------------------------------------+ |Class/type of| Situation previous| Resulting situation after the triggering| |shares | to the triggering| transaction| |If possible | transaction| | |use ISIN code+---------+---------+---------+------------------+---------------+ |  |Number of|Number of|Number of| Number of voting| Percentage of| |  | shares| voting| shares| rights| voting rights| |Ordinary |  | rights|  +---------+--------+------+--------+ |shares of |  |  |  |  |  |  |  | |£1.125 each |  |  |  | Direct|Indirect|Direct|Indirect| |  |7,536,449|7,536,449|8,036,449|  |  |  |  | |GB00B40SF849 | | | |8,036,449|  |12.34%|  | +-------------+---------+---------+---------+---------+--------+------+--------+ +------------------------------------------------------------------------------+ |B: Financial Instruments | |  | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | |  | +-------------+-------------+--------------+----------------------+------------+ |Type of |Expiration |Exercise/ |No. of voting rights |Percentage | |financial |date |conversion |that may be acquired |of voting | |instrument | |period/date |(if the instrument |rights | | | | |exercised/converted) | | +-------------+-------------+--------------+----------------------+------------+ |Not |  |  |  |  | |applicable | |  | | | +-------------+-------------+--------------+----------------------+------------+ +------------------------------------------------------------------------------+ |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| % of voting| | financial| price| date xvii| Conversion| voting| rights xix, xx| | instrument| | |period xviii| rights|  | | | | | | instrument| | | | | | | refers to| | | | | | |  | | +------------+----------+------------+------------+------------+-------+-------+ | Not| | | |  |Nominal| Delta| | applicable|  |  |  |  +-------+-------+ | | | | | |  |  | +------------+----------+------------+------------+------------+-------+-------+ +-------------------------------------------------------+ | Total (A+B+C) | |   | +-------------------------+-----------------------------+ | Number of voting rights | Percentage of voting rights | +-------------------------+-----------------------------+ |   |   | | 8,036,449 | 12.34% | +-------------------------+-----------------------------+ +------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and /or | |the financial instruments are effectively held, if applicable: | +------------------------------------------------------------------------------+ |Prudential plc (parent company) | +------------------------------------------------------------------------------+ |M & G Group Limited (wholly owned subsidiary of Prudential plc) | +------------------------------------------------------------------------------+ |M & G Limited (wholly owned subsidiary of M & G Group Limited) | +------------------------------------------------------------------------------+ |M & G Investment Management Limited (wholly owned subsidiary of M & G Limited)| +------------------------------------------------------------------------------+ |M & G Securities Limited (wholly owned subsidiary of M & G Limited) | +------------------------------------------------------------------------------+ |The Prudential Assurance Company Limited (wholly owned subsidiary of | |Prudential plc) | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------+ | Proxy Voting: | |   | +------------------------------------------------------------------+-----+ | 10. Name of proxy holder: | N/A | |   | | +------------------------------------------------------------------+-----+ | 11. Number of voting rights proxy holder will cease to hold: | N/A | |   | | +------------------------------------------------------------------+-----+ | 12. Date on which proxy holder will cease to hold voting rights: | N/A | |   | | +------------------------------------------------------------------+-----+ +-----------------------------+------------------------------------------+ | 13. Additional information: | Total voting rights figure is 65,085,640 | |   | | +-----------------------------+------------------------------------------+ | 14 Contact name: | Teresa Furmston | |   | | +-----------------------------+------------------------------------------+ | 15. Contact telephone name: | 020 7903 7303 | |   | | +-----------------------------+------------------------------------------+ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Novae Group plc via Thomson Reuters ONE [HUG#1512380]