Holding(s) in Company

21 May 2008 17:28

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of Begbies Traynor existing shares to which voting rights are attached: Group plc

2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights No

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):______________

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

Nominees Limited n/a 4. Full name of shareholder(s) (if different from 3): 01/04/2008 5. Date of transaction (and date on which the threshold is crossed or reached if different): 21/05/2008 6. Date on which issuer notified: 3% 7. Threshold(s) that is/are crossed or reached:

8: Notified Details

A: Voting rights attached to shares

Class/type Situation previous Resulting situation after the triggering of shares to the triggering transaction

transaction If possible Number of Number of Number of Number of voting Percentage of use ISIN shares voting shares rights voting rights code rights Direct Indirect Direct Indirect

GB00B0305S97 2,381,950 2,381,950 2,497,750 2,497,750 - 3.08 -

B: Financial Instruments

Resulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting rights that may Percentagefinancial date conversion be acquired (if the instrument of voting instrument period/date exercised/converted) rights - - - - - Total (A+B) Number of voting rights Percentage of voting rights 2,497,750 3.08%

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

n/a Proxy Voting:

10. Name of 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: 14 Contact name: Stephen Henderson 15. Contact telephone name: 020 7776 8664