26 September 2007

Holding in Company

The Board of Clapham House announces that they received formal notification on 26 September 2007 from Kaupthing Bank Luxembourg S.A. (“Kaupthing”) that as at 25 September 2007 Kaupthing held, on behalf of a client, an indirect interest in 1,866,500 ordinary shares of 10 pence each in the Company representing 5.10% of the current issued share capital of the Company. The entire interest of Kaupthing in the Company is held through contracts for difference in the Company (with no voting rights).