TIDMQDG 
 
+------------------------------------------------------------------------------+ 
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                               | 
+------------------------------------------------------------------------------+ 
 
+----------------------------------------------+-------------------------------+ 
|1. Identity of the issuer or the underlying   |                               | 
|issuer                                        |     Quadnetics Group Plc      | 
|of existing shares to which voting rights are |                               | 
|attached: ii                                  |                               | 
+----------------------------------------------+-------------------------------+ 
|2 Reason for the notification(please tick the appropriate box or boxes):      | 
+-------------------------------------------------------------------+----------+ 
|An acquisition or disposal of voting rights                        |    X     | 
+-------------------------------------------------------------------+----------+ 
|An acquisition or disposal of qualifying 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  |                                       | 
|the                                   | HSBC GLOBAL CUSTODY NOMINEE (UK) LTD  | 
|notification obligation: iii          |                                       | 
+--------------------------------------+---------------------------------------+ 
|4. Full name of shareholder(s)        |      Whitehall Consolidated Ltd       | 
|(if different from 3.):iv             |                                       | 
+--------------------------------------+---------------------------------------+ 
|5. Date of the transaction and date on|                                       | 
|which the threshold is crossed or     |              23.03.2010               | 
|reached: v                            |                                       | 
+--------------------------------------+---------------------------------------+ 
|6. Date on which issuer notified:     |              24.03.2010               | 
+--------------------------------------+---------------------------------------+ 
|7. Threshold(s) that is/are crossed or|               above 15%               | 
|reached:vi, vii                       |                                       | 
+--------------------------------------+---------------------------------------+ 
 
+-----------------------------------------------------------------------------------+ 
|8. Notified details:                                                               | 
+-----------------------------------------------------------------------------------+ 
|A: Voting rights attached to shares viii, ix                                       | 
+------------+---------------------+------------------------------------------------+ 
|Class/type  |Situation previous   |Resulting situation after the triggering        | 
|of          |to the triggering    |transaction                                     | 
|shares      |transaction          |                                                | 
|            +---------+-----------+----------+---------------------+---------------+ 
|if possible |Number   |Number     |Number    |Number of voting     |% of  voting   | 
|using       |of       |of         |of shares |rights               |rightsx        | 
|the ISIN    |  ares   |Vo ing     +----------+---------+-----------+------+--------+ 
|CODE        |         |Rights     |Direct    |Directxi |Indirectxii|Direct|Indirect| 
+------------+---------+-----------+----------+---------+-----------+------+--------+ 
|GB0007156838|         |           |          |         |           |      |        | 
|            |2,524,900|2,524,900  |2,646,431 |2,646,431|           |15.06%|        | 
|            |         |           |          |         |           |      |        | 
+------------+---------+-----------+----------+---------+-----------+------+--------+ 
 
+-----------------------------------------------------------------------------------+ 
|B: Qualifying Financial Instruments                                                | 
+-----------------------------------------------------------------------------------+ 
|Resulting situation after the triggering transaction                               | 
+--------------+----------+--------------------+----------------------+-------------+ 
|Type of       |Expiration|Exercise/           |Number of voting      |% of voting  | 
|financial     |datexiii  |Conversion Periodxiv|rights that may be    |rights       | 
|instrument    |          |                    |acquired if the       |             | 
|              |          |                    |instrument is         |             | 
|              |          |                    |exercised/ converted. |             | 
+--------------+----------+--------------------+----------------------+-------------+ 
|              |          |                    |                      |             | 
+--------------+----------+--------------------+----------------------+-------------+ 
 
+-----------------------------------------------------------------------------------+ 
|C: Financial Instruments with similar economic effect to Qualifying Financial      | 
|Instrumentsxv, xvi                                                                 | 
+-----------------------------------------------------------------------------------+ 
|Resulting situation after the triggering transaction                               | 
+-------------+--------+----------+-----------+----------------------+--------------+ 
|Type of      |Exercise|Expiration|Exercise/  |Number of voting      |% of voting   | 
|financial    |price   |datexvii  |Conversion |rights instrument     |rightsxix, xx | 
|instrument   |        |          |periodxviii|refers to             |              | 
|             |        |          |           |                      |              | 
+-------------+--------+----------+-----------+----------------------+-------+------+ 
|             |        |          |           |                      |Nominal|Delta | 
|             |        |          |           |                      +-------+------+ 
|             |        |          |           |                      |       |      | 
+-------------+--------+----------+-----------+----------------------+-------+------+ 
 
+-----------------------------------------------------------------------------------+ 
|Total (A+B+C)                                                                      | 
+-----------------------------------+-----------------------------------------------+ 
|Number of voting rights            |Percentage of voting rights                    | 
+-----------------------------------+-----------------------------------------------+ 
|2,646,431                          |15.06%                                         | 
+-----------------------------------+-----------------------------------------------+ 
 
+---------------------------------------------------------------------------+ 
|9. Chain of controlled undertakings through which the voting rights and/or | 
|the                                                                        | 
|financial instruments are effectively held, if applicable:xxi              | 
+---------------------------------------------------------------------------+ 
+---------------------------------------------------------------------------+ 
 
+---------------------------------------------------------------------------+ 
|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:  |                                             | 
+-----------------------------+---------------------------------------------+ 
|14. Contact name:            |Fabia Schulthess, HSBC Private Bank (Suisse) | 
|                             |SA                                           | 
+-----------------------------+---------------------------------------------+ 
|15. Contact telephone number:|0041 58 705 3235                             | 
+-----------------------------+---------------------------------------------+ 
 
 
 
 
[HUG#1397206] 
 

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