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Notifiable Interest

The Company received notification on 14 April 2005 that as at 11 April 2005, Devon County Council, by virtue of its relationship with Hermes Focus Asset Management Limited (UK Small Companies Focus Fund), had a notifiable interest in 1,996,977 ordinary shares representing 5.28 per cent of the ordinary issued share capital.

The Company also received notification on 14 April 2005 that as at 11 April 2005, Ram Trust Services, Inc. had, on behalf of its clients as an investor in the Hermes Focus Asset Management Limited UK Small Companies Focus Fund, an interest in the Company of 1,996,977 ordinary shares representing 5.28 per cent of the issued share capital of that class.