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):                                            |          | 
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|3. Full name of person(s) subject to  |                                       | 
|the                                   | HSBC GLOBAL CUSTODY NOMINEE (UK) LTD  | 
|notification obligation: iii          |                                       | 
+--------------------------------------+---------------------------------------+ 
|4. Full name of shareholder(s)        |      Whitehall Consolidated Ltd       | 
|(if different from 3.):iv             |                                       | 
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|5. Date of the transaction and date on|                                       | 
|which the threshold is crossed or     |              18.05.2010               | 
|reached: v                            |                                       | 
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|6. Date on which issuer notified:     |              18.05.2010               | 
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|7. Threshold(s) that is/are crossed or|               above 16%               | 
|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            |rights x       | 
|the ISIN    |  ares   |Vo ing     +---------+---------+--------+------+--------+ 
|CODE        |         |Rights     |Direct   |Direct   |Indirect|Direct|Indirect| 
+------------+---------+-----------+---------+---------+--------+------+--------+ 
|GB0007156838|         |           |         |         |        |      |        | 
|            |2,756,431|2,756,431  |2,966,431|2,966,431|        |16.88%|        | 
|            |         |           |         |         |        |      |        | 
+------------+---------+-----------+---------+---------+--------+------+--------+ 
 
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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     |date xiii |Conversion Period  |rights that may be |rights       | 
|instrument    |          |xiv                |acquired if the    |             | 
|              |          |                   |instrument is      |             | 
|              |          |                   |exercised/         |             | 
|              |          |                   |converted.         |             | 
+--------------+----------+-------------------+-------------------+-------------+ 
|              |          |                   |                   |             | 
+--------------+----------+-------------------+-------------------+-------------+ 
 
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|C: Financial Instruments with similar economic effect to Qualifying Financial  | 
|Instruments xv, xvi                                                            | 
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|Resulting situation after the triggering transaction                           | 
+-------------+--------+----------+----------+-------------------+--------------+ 
|Type of      |Exercise|Expiration|Exercise/ |Number of voting   |% of voting   | 
|financial    |price   |date xvii |Conversion|rights instrument  |rights xix, xx| 
|instrument   |        |          |period    |refers to          |              | 
|             |        |          |xviii     |                   |              | 
+-------------+--------+----------+----------+-------------------+-------+------+ 
|             |        |          |          |                   |Nominal|Delta | 
|             |        |          |          |                   +-------+------+ 
|             |        |          |          |                   |       |      | 
+-------------+--------+----------+----------+-------------------+-------+------+ 
 
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|Total (A+B+C)                                                                  | 
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|Number of voting rights            |Percentage of voting rights                | 
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|2,966,431                          |16.88%                                     | 
+-----------------------------------+-------------------------------------------+ 
 
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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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|Proxy Voting:                                                              | 
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|10. Name of the proxy holder:                    |                         | 
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|11. Number of voting rights proxy holder will    |                         | 
|cease                                            |                         | 
|to hold:                                         |                         | 
+-------------------------------------------------+-------------------------+ 
|12. Date on which proxy holder will cease to hold|                         | 
|voting rights:                                   |                         | 
+-------------------------------------------------+-------------------------+ 
 
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|                             |                                             | 
|13. Additional information:  |                                             | 
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|14. Contact name:            |Fabia Schulthess, HSBC Private Bank (Suisse) | 
|                             |SA                                           | 
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|15. Contact telephone number:|0041 58 705 3235                             | 
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[HUG#1417133]