Holding(s) in Company

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

Expansys Holdings Ltd

2. Reason for the notification (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights 

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 the notification obligation:

Newton Investment Management Limited

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

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

08/05/08

6. Date on which issuer notified:

09/05/08

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

Decreased from 3.16% to 2.94%

8. Notified details:

Sale of 100,000 shares

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 viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

Ordinary shares

ISIN:

GB00B1VMLL97

1,418,100

3.16%

N/A

N/A

1,318,100

N/A

2.94%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

1,318,100

2.94%

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

Newton Investment Management holds these shares as discretionary Investment Managers

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:

14. Contact name:

Asif S Lalani

15. Contact telephone number:

+44 (0)20 7163 5115

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

Newton Investment Management Ltd

Contact address (registered office for legal entities)

Mellon Financial Centre

 160 Queen Victoria Street

London EC4V 4LA

Phone number 

+44 (0)207 163 9000

Other useful information (at least legal representative for legal persons)

Rachel Wheeler

B:  Identity of the notifier, if applicable xvii

Full name 

 Newton Investment Management Ltd

Contact address 

 Mellon Financial Centre

160 Queen Victoria Street

 London EC4V 4LA

Phone number 

 +44 (0)207 163 9000

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

 Discretionary Investment Manager

C: Additional information