Major Shareholders

The Company has 479,137,027 ordinary shares in issue, of which 56,673,333 are owned by a member of the Group and treated as treasury shares, resulting in a total of 422,463,694 voting shares.

As far as the Company is aware the percentage of voting shares not in public hands (for the purpose of the AIM rules) is approximately 40%.

The identity of the Company's significant shareholders (for the purpose of the AIM rules) and their percentage holding of voting shares are:

AVIVA PLC (and its subsidiaries)* 19.96%
ANDREW BLACK* 19.24%
J.M. FINN & CO. LTD* 4.98%**
THESIS ASSET MANAGEMENT* 4.88%
ROYAL LONDON ASSET MANAGEMENT* 4.83%
Mr D V PENMAN* 3.54%
LUDGATE ENVIRONMENTAL FUND* 3.28%

*per notification to the Company

**includes interest as private client broker in the 3.54% holding of Mr D V Penman

There are no restrictions on the transfer of the Company's shares.

This information was last updated on 8 January 2013.