RAB Capital Shareholding Reaches 29.15%

A form TR-1 containing the following information has been received by the Company. 

TR-1 notification of major interests in shares 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 

Angus & Ross PLC 

2. Reason for the notification 

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation: 

RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED

4. Full name of shareholder(s) (if different from 3): 

CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED

5. Date of the transaction (and date on which the threshold is crossed or reached if different): 

4 July 2008

6. Date on which issuer notified: 

9 July 2008

7. Threshold(s) that is/are crossed or reached: 

29%

8. Notified details: 

A: Voting rights attached to shares

Class/type of shares if possible using ISIN CODE	Situation previous to Triggering transaction		Resulting situation after the triggering transaction Notification required under DTR transitional provision 7
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
ORDINARY SHARES GB0009348862	23,297,595	16.48%	N/A	N/A	61,797,595	N/A	29.15%

B: Financial Instruments

Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted	% of voting rights
N/A	N/A	N/A	N/A	N/A

Total (A+B)

Number of voting rights	% of voting rights
61,797,595	29.15%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 

RAB Capital Plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.

10. Name of the Proxy holder: 

N/A

11. Number of voting rights proxy holder will cease to hold: 

N/A

12. Date on which proxy holder will cease to hold voting rights: 

N/A

13. Additional information: 

N/A

14. Contact name: 

LEGAL TEAM

15. Contact telephone number: 

020 7389 7000