HgCapital Trust plc Regulatory News (HGT)

6 Mar 2007 16:28

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Hg Capital Trust plc

2. Reason for the notification State Yes/No 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): First notification of existing holding Yes under Disclosure and Transparency Rules

3. Full name of person(s) subject to the notification obligation The Scottish (iii):

Investment Trust PLC 4. Full name of shareholder(s) (if different from 3.) (iv):

5. Date of the transaction (and date on which the threshold is N/A crossed

or reached if different) (v): 6. Date on which issuer notified: 6 March 2007 7. Threshold(s) that is/are crossed or reached: N/A

8. Notified details: First notification of existing holding under Disclosure and Transparency Rules.

A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the triggering

shares to transaction (vii) if possible the Triggering using the transaction (vi)

ISIN CODE Number Number Number Number of voting % of voting of of of rights (ix) rights Shares Voting shares Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi)

Ord shares of 1,200,000 1,200,000 1,200,000 1,200,000 4.76

25p B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of Expiration Exercise/ Number of voting % of financial date (xiii) Conversion rights that may be voting instrument Period/ Date (xiv) acquired if the rights instrument is exercised/ converted Total (A+B) Number of voting rights % of voting rights 1,200,000 4.76

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

N/A 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: Iain Harding

15. Contact telephone number: 0131 225 7781

Annex Notification Of Major Interests In Shares (xvi)

A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities) The Scottish Investment Trust PLC Contact address (registered office for legal entities) 6 Albyn Place,

Edinburgh, EH2 4NL Phone number 0131 225 7781

Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable (xvii)

Full name Contact address Phone number

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

C: Additional information