Craneware Regulatory News (CRW)

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:

Craneware PLC

2: Reason for notification (yes/no)

An acquisition or disposal of voting rights

yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

no

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

no

An event changing the breakdown of voting rights

no

Other (please specify):

no

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

obligation:

 Standard Life Investments Ltd

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

 Vidacos Nominees

5. Date of the transaction (and date on which the threshold

is crossed or reached):

10 January 2012

6. Date on which issuer notified:

11 January 2012

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

11%

8: Notified Details

A: Voting rights attached to shares

Class/type of share If possible use ISIN code

GB00B2425G68

Situation previous to the triggering transaction

Number of shares

Number of voting rights

3,155,516

3,155,516

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Percentage ofvoting rights

Direct

Indirect

Direct

Indirect

2,726,636

397,469

2,329,167

1.473%

8.631%

B: Qualifying 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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,726,636

10.104%

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

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:

Craig Preston

15. Contact telephone number:

01506 407 666

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Craneware Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify):

No

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

Kames Capital

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

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

10th January 2012

6. Date on which issuer notified:

11th January 2012

7. Threshold(s) that is/are crossed orreached: vi, vii

9%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B2425G68

2,506,608

2,506,608

1,651,132

1,651,132

569,529

6.11%

2.11%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Contract for Difference

n/a

n/a

n/a

23,311

Nominal

Delta

0.09%

1

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,243,972

8.31%

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

Kames Capital:-

Kames Capital plcKames Capital Management LtdKames Capital ICVCKames Capital VCIC

Proxy Voting:

10. Name of the proxy holder:

Kames Capital

11. Number of voting rights proxy holder will ceaseto hold:

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

13. Additional information:

14. Contact name:

Craig Preston

15. Contact telephone number:

01506 407 666