St Helen's Capital Plc ("the Company")

TR-1(i):  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. IDENTITY OF THE ISSUER OR THE UNDERLYING ISSUER OF EXISTING SHARES TO WHICH
VOTING RIGHTS ARE ATTACHED(ii):

   ST. HELENS CAPITAL  


2.  REASON  FOR  THE NOTIFICATION     (please place an X inside the appropriate
bracket/s)


  An acquisition or disposal of voting rights: (  x  )
 

  An acquisition or  disposal  of financial instruments which may result in the
  acquisition of shares already  issued  to which voting rights are
  attached: (    )

 
  An event changing the breakdown of voting rights: (    )

 
  Other (please specify): (    )

 
3. FULL NAME OF PERSON(S) SUBJECT TO THE NOTIFICATION OBLIGATION(iii):

  Hargreave Hale Limited    

 
4. FULL NAME OF SHAREHOLDER(S) (if different from 3.)(iv):


5. DATE OF THE TRANSACTION (and date on which the threshold is crossed or
reached if different)(v):

   12 December 2007    


6. DATE ON WHICH ISSUER NOTIFIED:

   13 December 2007

  
7. THRESHOLD(S) THAT IS/ARE CROSSED OR REACHED:

   10%

  
8. NOTIFIED DETAILS:

  
A: VOTING RIGHTS ATTACHED TO SHARES

CLASS/TYPE  OF SHARES if possible using the     SITUATION PREVIOUS TO THE
ISIN CODE                                       TRIGGERING TRANSACTION(vi)
                                               NUMBER OF     NUMBER OF VOTING
                                                 SHARES        RIGHTS (viii)

Ordinary / GB0005401087                       3,949,129       3,949,129


RESULTING SITUATION AFTER THE TRIGGERING TRANSACTION (vii)


CLASS/TYPE OF  SHARES if        NUMBER   NUMBER  OF VOTING % OF VOTING
possible using the ISIN CODE   OF SHARES    RIGHTS (ix)      RIGHTS
                                INDIRECT  DIRECT INDIRECT  DIRECT INDIRECT    
                                           (x)     (xi)                      
Ordinary / GB0005401087        4,374,129       4,374,129         10.2544%
                                  


B: FINANCIAL INSTRUMENTS

RESULTING SITUATION AFTER THE TRIGGERING TRANSACTION (xii)

TYPE OF    EXPIRATION  EXERCISE/CONVERSION  NUMBER OF VOTING     % OF VOTING
FINANCIAL  DATE (xiii) PERIOD/ DATE (xiv)   RIGHTS THAT MAY BE      RIGHTS
INSTRUMENT                                  ACQUIRED IF THE
                                            INSTRUMENT IS
                                            EXERCISED/ CONVERTED.
                                                         
TOTAL (A+B)

NUMBER OF VOTING RIGHTS        % OF VOTING RIGHTS

4,374,129                      10.2544%


9. CHAIN OF  CONTROLLED UNDERTAKINGS THROUGH WHICH THE VOTING RIGHTS AND/OR THE
FINANCIAL INSTRUMENTS ARE EFFECTIVELY HELD, IF APPLICABLE xv:

1,000,000 of these  shares  are  for  unit  trusts operated by Marlborough Fund
Managers  Ltd,  for  which  Hargreave  Hale  manages   the   investments  on  a
discretionary  basis.  The  remaining  balance  is  held  on  behalf  of  other
discretionary clients.


PROXY VOTING:

10. NAME OF THE PROXY HOLDER:


11. NUMBER OF VOTING RIGHTS PROXY HOLDER WILL CEASE TO HOLD:


12. DATE ON WHICH PROXY HOLDER WILL CEASE TO HOLD VOTING RIGHTS:


13. ADDITIONAL INFORMATION:

    TVR used 42,656,000 as announce by the company on the 30th November 07


14. CONTACT NAME:

    David Clueit


15. CONTACT TELEPHONE NUMBER:

    01253 754739



ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES XVI

A:  IDENTITY  OF  THE  PERSON  OR  LEGAL  ENTITY  SUBJECT  TO  THE NOTIFICATION
OBLIGATION

FULL NAME (including legal form for legal entities)

Hargreave Hale Limited


CONTACT ADDRESS (registered office for legal entities)

Marsden House

4-10 Springfield Road

Blackpool FY1 1QW

PHONE NUMBER

01253 621575

OTHER USEFUL INFORMATION (at least legal representative for legal persons)


B:   IDENTITY OF THE NOTIFIER, IF APPLICABLE XVII

FULL NAME

CONTACT ADDRESS

PHONE NUMBER

OTHER USEFUL INFORMATION (e.g. functional relationship with the person or legal
entity subject to the notification obligation)


C:   ADDITIONAL INFORMATION


NOTES

i:   This form is to be sent to the issuer or underlying issuer and to be filed
with the competent authority.

ii:  Either the full name of the legal entity or another method for identifying
the issuer or underlying issuer, provided it is reliable and accurate.

iii: This  should  be  the  full  name  of  (a) the shareholder; (b) the person
acquiring, disposing of or exercising voting  rights  in the cases provided for
in DTR5.2.1 (b) to (h);  (c) all the parties to the agreement  referred  to  in
DTR5.2.1  (a),  or  (d)  the direct or indirect holder of financial instruments
entitled to acquire shares  already issued to which voting rights are attached,
as appropriate. 

In relation to the transactions  referred to in points DTR5.2.1 (b) to (h), the
following  list  is  provided  as indication  of  the  persons  who  should  be
mentioned:

-    in the circumstances foreseen  in   DTR5.2.1 (b), the person that acquires
the voting rights and is entitled to exercise  them under the agreement and the
natural   person   or  legal  entity  who  is  transferring   temporarily   for
consideration the voting rights;

-    in the circumstances  foreseen  in  DTR  5.2.1 (c), the person holding the
collateral,  provided  the  person or entity controls  the  voting  rights  and
declares its intention of exercising  them,  and  person lodging the collateral
under these conditions;

-    in the circumstances foreseen in DTR5.2.1(d),  the  person  who has a life
interest  in  shares  if that person is entitled to exercise the voting  rights
attached to the shares  and  the  person  who is disposing of the voting rights
when the life interest is created;

-    in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and,
provided it has a notification duty at an individual level under DTR 5.1, under
DTR5.2.1 (a) to (d) or under a combination  of  any  of  those  situations, the
controlled undertaking;

-    in  the circumstances foreseen in DTR5.2.1 (f), the deposit taker  of  the
shares, if  he  can exercise the voting rights attached to the shares deposited
with him at his discretion,  and  the  depositor  of  the  shares  allowing the
deposit taker to exercise the voting rights at his discretion;

-    in  the circumstances foreseen in DTR5.2.1 (g), the person  that  controls
the voting rights;

-    in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can
exercise the voting rights at his discretion, and the shareholder who has given
his proxy to the proxy holder allowing the latter to exercise the voting rights
at his discretion.

iv:  Applicable  in the cases provided for in DTR 5.2.1 (b) to (h). This should
be the full name of  the  shareholder or holder of financial instruments who is
the counterparty to the natural person or legal entity referred to in DTR5.2.

v:   The date of the transaction  should  normally  be,  in  the  case of an on
exchange transaction, the date on which the matching of orders occurs;  in  the
case of an off exchange transaction, date of the entering into an agreement. 

The date on which threshold is crossed should normally be the date on which the
acquisition,  disposal  or  possibility  to exercise voting rights takes effect
(see DTR 5.1.1R (3)). For passive crossings,  the date when the corporate event
took effect.

These dates will usually be the same unless the  transaction  is  subject  to a
condition beyond the control of the parties.

vi:   Please  refer  to the situation disclosed in the previous notification,
In case the situation previous  to the triggering transaction was below 3%,
please state `below 3%'.

vii: If the holding has fallen below the minimum threshold , the notifying
party should not be obliged to disclose  the extent of the holding, only that
the new holding is less than 3%.

For the case provided for in DTR5.2.1(a),  there  should  be  no  disclosure of
individual  holdings  per  party  to  the agreement unless a party individually
crosses or reaches an Article 9 threshold.  This  applies  upon  entering into,
introducing changes to or terminating an agreement.

viii:  Direct and indirect

ix:    In case of combined holdings of shares with voting rights attached
`direct holding' and voting rights `indirect holdings', please split the
voting  rights number  and  percentage  into  the  direct  and indirect
columns-if there is no combined holdings, please leave the relevant box blank.

x:     Voting rights attached to shares in respect  of  which the notifying
party is a direct shareholder  (DTR 5.1)

xi:    Voting rights held by the notifying party as an indirect shareholder
(DTR 5.2.1)

xii:   If the holding has fallen below the minimum threshold, the notifying
party should not be obliged to disclose the extent of the holding,  only that
the new holding is below 3%.

xiii:  Date of maturity / expiration of the finical instrument i.e. the date
when the right to acquire shares ends.

xiv:   If the financial instrument has such a period-please specify  the
period- for example once every three months starting from the [date]

xv:   The notification should include the name(s) of the controlled
undertakings through which the voting rights are held. The notification should
also  include the  amount  of  voting  rights  and  the  percentage  held  by
each controlled undertaking,  insofar as individually the controlled
undertaking  holds  3%  or more, and insofar  as the notification by the
parent undertaking is intended to cover the notification obligations of the
controlled undertaking.

xvi:  This annex is only to be filed with the competent authority.

xvii: Whenever  another   person   makes  the  notification  on  behalf  of 
the shareholder or the natural person/legal  entity   referred  to  in  DTR5.2
and DTR5.3.