Somero Regulatory News (SOM)

PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE

21 November 2012

SOMERO ENTERPRISES, INC.

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:

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 event changing the breakdown of voting rights

Other (please specify):

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

Hermes Equity Ownership Services Limited

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

Shares are held by the relevant custodian(s)

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

25 October 2012

6. Date on which issuer notified:

26 October 2012

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

6% and 5%

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

028432810

B1GCQ97

3,650,000

3,650,000

2,650,000

4.69645%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration

date

Exercise/

Conversion Period

Number of voting

rights that may be

acquired if the

instrument is

exercised/ converted.

% of voting

rights

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

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,650,000

4.69645%

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

BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HML"). HFML is the parent undertaking of :-

Hermes Equity Ownership Services Limited ("HEOS") (voting rights: 4.69645%)*

\* This notification is being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 2.5.1(h) as a result of control of voting rights in relation to such shares.

Proxy Voting:

10. Name of proxy holder:

See Comment in Section 9

11. Number of voting rights proxy holder will cease to hold:

See Comment in Section 9

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

See Comment in Section 9

13. Additional information:

N/A

14 Contact name:

James Sherry (j.sherry@hermes.co.uk)

15. Contact telephone name:

020 7702 6110