AUG.L Regulatory News (AUG)

For filings with the FSA include the annex

For filings with issuer exclude the annex

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:

Augean 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

An event changing the breakdown of voting rights

Other (please specify):

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

Harwood Capital LLP (formerly North Atlantic Value LLP) (as investment manager/advisor)

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

1) Oryx International Growth Fund Limited

2) Harwood Capital LLP (as investment manager/adviser to fund management clients)

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

2 February 2012

6. Date on which issuer notified:

6 February 2012

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

Total holding has decreased below 11%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary Shares

Sedol: B02H2F7

Holder 1: 10,000,000 10,000,000 10,000,000 10,000,000 10.03%

Holder 2: 1,290,000 1,290,000 700,000 700,000 0.70%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

10,700,000

10.73%

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

Not applicable

Proxy Voting:

10. Name of proxy holder:

N/A

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

N/A

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

N/A

13. Additional information:

Harwood Capital LLP is the investment manager/adviser in respect of the full holding of 10.73% as it is investment manager/adviser to holders 1 and 2.

14 Contact name:

Bonita Guntrip

15. Contact telephone name:

020 7747 5681