Styles & Wood Group Regulatory News (STY)

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Styles & Wood Group

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 thenotification obligation: iii

MITON INCOME OPPORTUNITIES TRUST (formerly Henderson Fledgling Trust plc)

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

HSBC Global Custody Nominees Ltd

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

22/08/13

6. Date on which issuer notified:

23/08/13

7. Threshold(s) that is/are crossed orreached: vi, vii

Below 3%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B42B3S79

2,050,000

2,050,000

1,200,000

Below 3%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,200,000

Below 3%

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

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

The Miton Income Opportunities Trust plc (formerly also known as Henderson Fledgling Trust plc) interest that this form relates to was previously reported as part of Henderson Global Investors' interest. Following the change of investment manager for Miton Income Opportunities plc to Miton Capital Partners, as announced on 1 March 2013, this is now being reported on a standalone basis for the first time.

14. Contact name:

15. Contact telephone number:

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share

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

Full name

(including legal form of legal entities)

MITON INCOME OPPORTUNITIES TRUST (formerly Henderson Fledgling Trust plc)

Contact address

(registered office for legal entities)

51, New North Road,

Beaufort House,

Exeter, Devon, EX4 4EP

Phone number & email

01392 - 477638

Other useful information

(at least legal representative for legal persons)

Contact - Mark Sayers

B: Identity of the notifier, if applicable

Full name

Mark Sayers

Contact address

51, New North Road,

Beaufort House,

Exeter, Devon, EX4 4EP

Phone number & email

01392 - 477638

Other useful information

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

For and on behalf of Capita Financial Group

C: Additional information

For notes on how to complete form TR-1 please see the FCA website.