BILL.L Regulatory News (BILL)

4 Mar 2008 15:27

Billing Services Group Limited04 March 2008 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): Billing Services Group Limited 2. Reason for the notification (please state 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 the notification obligation (iii): Hawkeye Capital Management, LLC 4. Full name of shareholder(s) (if different from 3.) (iv): Hawkeye Capital Master 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 3rd March 2008 6. Date on which issuer notified: 3rd March 2008 7. Threshold(s) that is/are crossed or reached: 13% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to the Triggering transactionif possible using (vi)the ISIN CODE Number of shares Number of voting Rights (viii) BMG110261044 32,868,471 32,868,471 Resulting situation after the triggering transaction (vii)Class/type of shares Number of shares Number of voting % of votingif possible using rights (ix) rightsthe ISIN CODE Direct Direct (x) Indirect Direct Indirect (xi) BMG110261044 36,868,471 36,868,471 13.17% B: Financial Instruments Resulting situation after the triggering transaction (xii)Type of Expiration Date Exercise/Conversion Number of voting % of votingfinancial (xiii) Period/Date (xiv) rights that may be rightsinstrument acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A Total (A+B) Number of voting rights % of voting rights 36,868,471 13.17% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Proxy Voting: 10. Name of the 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: Richard Rubin 15. Contact telephone number: 212-265-0565 Annex to Notification Of Major Interests In Shares (xvi) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): Hawkeye Capital Management LLC Contact address (registered office for legal entities): 800 Third Avenue, 9th Flr, New York NY 10022 Phone number: 212-265-0565 Other useful information (at least legal representative for legal persons): B: Identity of the notifier, if applicable (xvii) Full name: Contact address: Phone number: Other useful information (e.g. functional relationship with the person or legalentity subject to the notification obligation): This information is provided by RNS The company news service from the London Stock Exchange