Shearwater Regulatory News (SWG)

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:

Scott Wilson Group 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 the notification obligation:

Gartmore Investment Limited

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

See box 9

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

18th August 2009 

6. Date on which issuer notified:

19th August 2009 

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

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

GB00B0WM2V87 

 N/A

N/A

2,438,515

2,438,515

3.340%

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

 CFD

N/A

N/A

N/A

1,552,073

Nominal

Delta

 2.126%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 3,990,588

5.467%

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

Share Description 

Fund Managing Co. 

Shares Held 

% of Issued Share Capital

UK Registered Owner

Beneficial Owner 

Equities 

SCOTT WILSON GROUP ORD GBP 0.1

Gartmore Fund Managers Limited

981,497

1.345%

HSBC Global Custody Nominee UK Ltd

Gartmore Fund Managers Ltd A/C Gartmore UK & Irish Smaller Companies 

Gartmore Investment Limited

1,110,310

1.521%

Nortrust Nominees Limited

Strathclyde Pension Fund 

346,708

0.475%

Gartmore Growth Opportunities

Gartmore Growth Opportunities Plc

2,438,515

3.340%

Contract for Difference

SCOTT WILSON GROUP CFD CONTRACT B0WM2V8

Gartmore Investment Limited

1,552,073

2.126%

Vidacos Nominees Ltd A/C 2303

The Alphagen Volantis Fund Limited

1,552,073

2.126%

3,990,588

5.467%

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:

All figures are based on the Companies issued share capital of 73,000,446 as provided by Exshare 

E mail contact RDU@Gartmore.com 

14. Contact name:

 Geoff Redwood

15. Contact telephone number:

Tel: 01256 310225