Notification of Major Interests in Shares

    Notification of Major Interests in Shares
             



Quadnetics Group Plc
8 November 2007

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Quadnetics Group Plc

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: NO

An acquisition or disposal of financial instruments which may result
in the acquisition of shares already issued to which voting rights
are attached: NO

An event changing the breakdown of voting rights: NO

Other (please specify): YES - Transfer to external Fund Manager

3. Full name of person(s) subject to the notification obligation
(iii):

BT Pension Scheme Trustees Limited as trustee of the BT Pension
Scheme. See Section 9 for further information.

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

NA

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

01 November 2007

6. Date on which issuer notified:

07 November 2007

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

7%

8. Notified details:




+---------------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                          |
|                                                                                             |
|---------------------------------------------------------------------------------------------|
|Class/type of     |Situation previous to|Resulting situation after the triggering transaction|
|shares            |the triggering       |vii                                                 |
|If possible using |transaction vi       |----------------------------------------------------|
|the ISIN code     |                     |Number of  |Number of voting      |% voting rights  |
|                  |                     |shares     |rights                |                 |
|                  |---------------------+-----------+----------------------+-----------------|
|                  |Number of|Number of  |Direct     |Direct x   |Indirect  |Direct |Indirect |
|                  |shares   |voting     |           |           |xi        |       |         |
|                  |         |rights viii|           |           |          |       |         |
|------------------+---------+-----------+-----------+-----------+----------+-------+---------|
|GB0007156838      |2,147,317|2,147,317  |1,278,346  |1,278,346  |0         |7.561% |0.0%     |
|ORD 0.20p         |         |           |           |           |          |       |         |
|                  |         |           |           |           |          |       |         |
+---------------------------------------------------------------------------------------------+





+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
|------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction xii                      |
|                                                                              |
|------------------------------------------------------------------------------|
|Type of   |Expiration|Exercise/Conversion|Number of voting rights    |% voting|
|financial |date xiii |Period/Date xiv    |that may be acquired if    |rights  |
|instrument|          |                   |this instrument is         |        |
|          |          |                   |exercised/converted        |        |
|----------+----------+-------------------+---------------------------+--------|
|-         |-         |-                  |-                          |-       |
|          |          |                   |                           |        |
+------------------------------------------------------------------------------+



+----------------------------------------------+
| Total (A+B)                                  |
|----------------------------------------------|
| Number of voting rights | % of voting rights |
|-------------------------+--------------------|
| 1,278,346               | 7.561%             |
+----------------------------------------------+


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

BT Pension Scheme Trustees Limited is the parent undertaking of
Britel Fund Trustees Limited, which is the parent undertaking of
Hermes Pension Management Limited. Hermes Pension Management Limited
is a parent undertaking of:


 1. Hermis Investment Management Limited (voting rights held in this
    issuer: 7.561%)


Please see Section 13 for further information.

Proxy Voting:

10. Name of the proxy holder:

See comment in Section 13.

11. Number of voting rights proxy holder will cease to hold:

See comment in Section 13.


12. Date on which proxy holder will cease to hold voting rights:

See comment in Section 13.

13. Additional information:

Hermes Investment Management Limited hold the voting rights under a
standing proxy contained in investment management agreements with
various underlying clients, which include all the shares owned
directly by the BT Pension Scheme.

All voting rights held on behalf of the above entities are aggregated
for the purposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5.

This disclosure is made by BT Pension Scheme Trustees Limited, which
is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).

14. Contact name:

Bianca da Silva / Margaret Moss

15. Contact telephone number:

020 7680 2163 / 020 7680 2125

ENDS

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