The Company was informed on 7 April 2008 that on 3 March 2008, 950,000 ordinaryshares in the Company of 1 pence each were transferred to Burnbrae Limited, acompany whose entire share capital is held by a trust related to Jim Mellon. Theshares were transferred for nil consideration from Titec Limited, a trust alsorelated to Jim Mellon.

Following this transaction, Burnbrae Limited now has a beneficial interest of108,341,465 Ordinary Shares in the share capital of the Company, representing52.38% of the issued share capital.