Holding(s) in Company

 
TIDMQDG 
 
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|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                               | 
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|1. Identity of the issuer or the underlying   |                               | 
|issuer                                        |     Quadnetics Group plc      | 
|of existing shares to which voting rights are |                               | 
|attached: ii                                  |                               | 
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|2 Reason for the notification(please tick the appropriate box or boxes):      | 
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|An acquisition or disposal of voting rights                        |   YES    | 
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|An acquisition or disposal of qualifying financial instruments     |          | 
|which may result in the acquisition of shares already issued to    |          | 
|which voting rights are attached                                   |          | 
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|An acquisition or disposal of instruments with similar economic    |          | 
|effect to qualifying financial instruments                         |          | 
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|An event changing the breakdown of voting rights                   |          | 
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|Other (please specify):                                            |          | 
+--------------------------------------+----------------------------+----------+ 
|3. Full name of person(s) subject to  |BT Pension Scheme Trustees Limited as  | 
|the                                   |trustee of the BT Pension Scheme. See  | 
|notification obligation: iii          |Section 13 for further information.    | 
+--------------------------------------+---------------------------------------+ 
|4. Full name of shareholder(s)        |N/A                                    | 
|(if different from 3.):iv             |                                       | 
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|5. Date of the transaction and date on|                                       | 
|which the threshold is crossed or     |                          22 March 2010| 
|reached: v                            |                                       | 
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|6. Date on which issuer notified:     |                          23 March 2010| 
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|7. Threshold(s) that is/are crossed or|5%                                     | 
|reached:vi, vii                       |                                       | 
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|8. Notified details:                                                               | 
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|A: Voting rights attached to shares viii, ix                                       | 
+------------+---------------------+------------------------------------------------+ 
|Class/type  |Situation previous   |Resulting situation after the triggering        | 
|of          |to the triggering    |transaction                                     | 
|shares      |transaction          |                                                | 
|            +---------+-----------+----------+---------------------+---------------+ 
|if possible |Number   |Number     |Number    |Number of voting     |% of  voting   | 
|using       |of       |of         |of shares |rights               |rightsx        | 
|the ISIN    |  ares   |Vo ing     +----------+---------+-----------+------+--------+ 
|CODE        |         |Rights     |Direct    |Directxi |Indirectxii|Direct|Indirect| 
+------------+---------+-----------+----------+---------+-----------+------+--------+ 
|0715683     |         |           |          |         |           |      |        | 
|            |1,078,346|1,078,346  |1,028,346 |1,028,346|N/A        |5.853%|N/A     | 
|GB0007156838|         |           |          |         |           |      |        | 
+------------+---------+-----------+----------+---------+-----------+------+--------+ 
 
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|B: Qualifying Financial Instruments                                                | 
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|Resulting situation after the triggering transaction                               | 
+--------------+----------+--------------------+----------------------+-------------+ 
|Type of       |Expiration|Exercise/           |Number of voting      |% of voting  | 
|financial     |datexiii  |Conversion Periodxiv|rights that may be    |rights       | 
|instrument    |          |                    |acquired if the       |             | 
|              |          |                    |instrument is         |             | 
|              |          |                    |exercised/ converted. |             | 
+--------------+----------+--------------------+----------------------+-------------+ 
|              |          |                    |                      |             | 
+--------------+----------+--------------------+----------------------+-------------+ 
 
+-----------------------------------------------------------------------------------+ 
|C: Financial Instruments with similar economic effect to Qualifying Financial      | 
|Instrumentsxv, xvi                                                                 | 
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|Resulting situation after the triggering transaction                               | 
+-------------+--------+----------+-----------+----------------------+--------------+ 
|Type of      |Exercise|Expiration|Exercise/  |Number of voting      |% of voting   | 
|financial    |price   |datexvii  |Conversion |rights instrument     |rightsxix, xx | 
|instrument   |        |          |periodxviii|refers to             |              | 
|             |        |          |           |                      |              | 
+-------------+--------+----------+-----------+----------------------+-------+------+ 
|             |        |          |           |                      |Nominal|Delta | 
|             |        |          |           |                      +-------+------+ 
|             |        |          |           |                      |       |      | 
+-------------+--------+----------+-----------+----------------------+-------+------+ 
 
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|Total (A+B+C)                                                                      | 
+-----------------------------------+-----------------------------------------------+ 
|Number of voting rights            |Percentage of voting rights                    | 
+-----------------------------------+-----------------------------------------------+ 
|1,028,346                          |5.853%                                         | 
+-----------------------------------+-----------------------------------------------+ 
 
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|9. Chain of controlled undertakings through which the voting rights and/or the| 
|financial instruments are effectively held, if applicable:xxi                 | 
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|                                                                           N/A| 
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|Proxy Voting:                                                                 | 
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|10. Name of the proxy holder:                   |See Comment in Section 13.   | 
+------------------------------------------------+-----------------------------+ 
|11. Number of voting rights proxy holder will   |                             | 
|cease                                           |See Comment in Section 13.   | 
|to hold:                                        |                             | 
+------------------------------------------------+-----------------------------+ 
|12. Date on which proxy holder will cease to    |                             | 
|hold                                            |See Comment in Section 13.   | 
|voting rights:                                  |                             | 
+------------------------------------------------+-----------------------------+ 
 
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|                             |The disclosure is made by BT Pension Scheme     | 
|13. Additional information:  |Trustees Limited as trustee of the BT Pension   | 
|                             |Scheme, which is the ultimate parent undertaking| 
|                             |for the purposes of DTR 5.2.1(e).               | 
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|14. Contact name:            |       Valerie Davidson ([e-mail]| 
|                             |               <mailto:[e-mail]>)| 
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|15. Contact telephone number:|                                   020 7680 2177| 
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[HUG#1396739]