Holding(s) in Company

For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying Hogg Robinson Group Plc Ord GBP0.01issuer of existing shares to which voting

rights are attached: (SEDOL: B1CM8S4)

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 Cazenove Capital Management Limited the notification obligation:

4. Full name of shareholder(s) (if N/A different from 3.): 5. Date of the transaction and date 11/01/13 on which the threshold is crossed or reached: 6. Date on which issuer notified: 14/01/13 7. Threshold(s) that is/are crossed 12% or reached: 8. Notified details:A: Voting rights attached to shares Class/type of Situation previous Resulting situation after shares to the triggering the triggering transaction transaction if possible Number Number % of voting using Number of Number of rights x the ISIN CODE of Voting of voting Shares Rights shares rights Direct Direct Indirect Direct Indirect

GB00B1CM8S45 34,941,112 34,941,112 35,441,112 35,441,112 10.96%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction

Type of financial Expiration Exercise/ Number of voting % of voting

instrument date Conversion Period rights that may be rights acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date xvii Conversion rights instrument rights instrument period refers to xviii Nominal Delta CFD N/A N/A N/A 3,476,000 1.07% N/A Total (A+B+C) Number of voting rights Percentage of voting rights 38,917,112 12.03%

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 the proxy holder: N/A 11. Number of voting rights proxy N/A holder will cease to hold: 12. Date on which proxy holder will N/A cease to hold voting rights: 13. Additional information: N/A 14. Contact name: N/A 15. Contact telephone number: N/A Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in shares

A: Identity of the persons or legal entity subject to the notificationobligation

Full name Cazenove Capital Management Limited (including legal form of legal entities) Contact address 12 Moorgate, London, EC2R 6DA (registered office for legal entities) Phone number & email 020 3479 0461 Other useful information Laura Whelan (at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name N/A Contact address N/A Phone number & email N/A Other useful information(e.g. N/A functional relationship with the person or legal entity subject to the notification obligation) C: Additional information N/A