HCFT.L Regulatory News (HCFT)

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):

Highcroft Investments Plc

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: (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 (iii):

DG & MB Conn and Associates

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

n/a

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

19 & 20 December 2011 - Threshold crossed 19 December 2011

6. Date on which issuer notified:

20 December 2011

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

20%

8. Notified details:

N/A

A: Voting rights attached to shares

Resulting situation after the triggering transaction (vii)

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Total (A+B)

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

DG & MB Conn and Associates

Proxy Voting:

10. Name of the 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:

n/a

14. Contact name:

Roberta Miles

15. Contact telephone number:

01865 840 023