Holding(s) in Company

RNS Number:6307H
QXL Ricardo PLC
13 November 2007




TR-1: Notifications of Major Interests in Shares


                                                              

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

QXL ricardo plc


2. Reason for notification (yes/no)
                                                                                        

An acquisition or disposal of voting rights                                  YES
                                                                                        

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):______________                                         NO

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

ING FUNDUSZ INWESTYCYJNY OTWARTY AKCJI, ING
FUNDUSZ INWESTYCYJNY OTWARTY SREDNICH I MALYCH
SPOLEK and
ING PARASOL SPECJALISTYCZNY FUNDUSZ INWESTYCYJNY
OTWARTY (treated jointly)
all managed and represented according to Polish
Law on Investment Funds by
ING TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH S.A.
(translation: ING Investment Funds Corporation)


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

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

Date of transaction 7/11/2007                                                     
Date of settlement  12/11/2007


6. Date on which issuer notified:

13/11/2007
                                                     

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 the Resulting situation after the triggering transaction
shares         triggering transaction
               Number of    Number of    Number of    Number of voting rights  Percentage of voting
If possible    shares       voting       shares                                rights
use ISIN code               rights

               3,286,325    3,286,325    3,218,325
                                                     Direct       Indirect    Direct       Indirect

                                                      3,218,325    0           6,97 %       0


ISIN: GB00B1HHK885




B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights  Percentage of voting
instrument                                period/date          that may be acquired  rights
                                                               (if the instrument
                                                               exercised/converted)

0                    0                    0                    0                     0


Total (A+B)


Number of voting rights                              Percentage of voting rights

3,218,325                                            6,97 %


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


Proxy Voting:


10. Name of proxy holder:


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


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




13. Additional information:


14 Contact name:                                       

Oliwer Prandecki

15. Contact telephone name:                            

[phone]



For notes on how to complete form TR-1 please see the FSA website.



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