ELTA.L Regulatory News (ELTA)

21 Apr 2011 14:50

For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are ELECTRA PRIVATE EQUITY PLCattached:ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X

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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the HSBC Holdings Plc notification obligation:iii HSBC Trust Company (UK) Limited HSBC Global Asset Management (UK) Limited 4. Full name of shareholder(s) (if different from 3.):iv Sinopia Asset Management (UK) Limited HSBC Global Asset Management (International) Limited HSBC Investment Management 5. Date of the transaction and date on which the threshold is crossed or 20th April 2011 reached: v 6. Date on which issuer notified: 21st April 2011 7. Threshold(s) that is/are crossed or 5.00% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix

Class/type Situation previous Resulting situation after the triggering of

to the triggering transaction shares transaction Number Number Number Number of voting % of voting rights if possible of of of rights x using Shares Voting shares the ISIN Rights CODE Direct Direct xi Indirect Direct Indirect xii GB0003085445 Below Below NA NA 1,767,264 NA 5.00% Disclosure Disclosure Threshold Threshold B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period rights that may be rights instrument xiv acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of voting rightsfinancial price date xvii Conversion rights instrument xix, xx instrument period refers to xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 1,767,264 5.00%

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

N/A Proxy Voting: 10. Name of the 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: None Eleanor Cranmer for Frostrow Capital LLP,14. Contact name: Company Secretary 15. Contact telephone number: 020 3008 4613

Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information

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