08 May 2007

Holding in Company

The Board of Clapham House announces that, pursuant to Chapter 5 of the Financial Services Authority’s Disclosure and Transparency Rules, they received formal notification on 4 May 2007 from Lehman Brothers International (Europe) that as at 30 April 2007 it had a direct interest in 1,114,018 ordinary shares in the Company representing 3.04% of the current voting rights of the Company.

The ordinary shares referred to above are the ordinary shares of 10 pence each in the Company.