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13 December 2007

Holding in Company

The Board of Clapham House announces that, pursuant to the Financial Services Authority's Disclosure and Transparency Rules, they received formal notification on 12 December 2007 from Deutsche Bank AG (“Deutsche”) that, as at 11 December 2007, it is directly interested in 1,865,619 ordinary shares in the Company representing 4.99% of the total voting rights of the Company. Deutsche is also indirectly interested in 16,350 ordinary shares in the Company representing 0.04% of the total voting rights of the Company. The interest of Deutsche is held through Deutsche Bank AG and Tilney Investment Management.

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