Holding(s) in Company

RNS Number:6702O
Steppingstone Associates PLC
25 February 2008



Form TR-1 with annex. FSA Version 2.1 updated April 2007



TR-1: Notifications of Major Interests in Shares

                                                          

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


2. Reason for notification (yes/no)
                                                                                        YES

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):______________




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




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


5. Date of transaction (and date on which the                        20 February 2008
threshold is crossed or reached if different):
                                                                     22 February 2008

6. Date on which issuer notified:


7. Threshold(s) that is/are crossed or reached:                      5% through to 4%
                                                                           

8. Notified details:

A: Voting rights attached to shares                                        N/A

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 use  shares       voting       shares                               rights
ISIN code                     rights

                                          Direct       Direct      Indirect    Direct       Indirect


GB00B28B2809     9,424,013    9,424,013    6,416,513    6,416,513   0           4.01%        0%





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)

N/A                  N/A                  N/A                  N/A                   N/A








Total (A+B)

Number of voting rights                              Percentage of voting rights

6,416,513                                            4.01%







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

N/A





Proxy Voting:


10. Name of proxy holder:                            N/A


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


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




13. Additional information:                          N/A




14 Contact name:                                       James Bushell


15. Contact telephone name:                            020 7638 5600



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





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