Somero Regulatory News (SOM)

SOMERO ENTERPRISES, INC.

31 JANUARY 2012

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.

Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Somero Enterprises, Inc.

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 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 notification obligation:

Ennismore Fund Management Limited

4.

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

Please see section 9

5.

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

31 January 2012

6.

Date on which issuer notified:

31 January 2012

7.

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

Less than 11%

8.

Notified Details

A:

Voting rights attached to shares

Class/type of shares

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

If possible use ISIN code

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Direct

Indirect

Direct

Indirect

USU834501038

6,538,600

6,538,600

6,085,845

6,085,845

10.79%

B:

Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type offinancialinstrument

Expirationdate

Exercise/conversionperiod/date

No. of voting rightsthat may be acquired(if the instrumentexercised/converted)

Percentage of votingrights

C:

Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type offinancialinstrument

Exerciseprice

Expirationdate

Exercise/conversionperiod/date

No. of voting rightsthat may be acquired(if the instrumentexercised/converted)

Percentage of votingrights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,085,845

10.79%

9.

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

1) Ennismore European Smaller Companies Fund = 4,970,646 shares

2) Ennismore European Smaller Companies Master Hedge Fund = 1,115,199 shares

Therefore, the total under management:

Ennismore Fund Management Limited = 6,085,845 shares

Proxy Voting:

10.

Name of 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:

Danielle Etkin

15.

Contact telephone name:

+44 20 7368 4200