11 November 2008

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 today from Deutsche Bank AG ("Deutsche") that following a disposal of ordinary shares on 6 November 2008, Deutsche no longer holds a notifiable interest in the Company. Prior to this transaction, Deutsche held 1,877,850 ordinary shares of 10 pence in the Company representing 5.03% of the total issued share capital.