NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
TOROTRAK PLC
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights - Placing 9 August (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 (specify): ( )
3. Full name of person(s) subject to the notification obligation:
Majedie Asset Management Ltd
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or
reached if different):
09/08/2007
6. Date on which issuer notified:
28/08/2007
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
n/a
A. Voting rights attached to shares
Class/type of shares (if possible using the ISIN code) (GB0002922382)
Ordinary 10p
| Situation previous to the triggering transaction | Resulting situation after the triggering transaction |
| Number of shares | Number of voting rights | Number of shares | Number of voting rights | | % voting rights | |
| | Direct | Direct | Indirect | Direct | Indirect |
| 3,364,800 | 3,364,800 | 0 | 0 | 7,531,467 | 0 | 5.16% |
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 | % voting rights |
| n/a | n/a | n/a | n/a | n/a |
Total (A+B)
| Number of voting rights | % of voting rights |
| 7,531,467 | 5.16% |
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
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:
Majedie Asset Management Ltd is a discretionary Fund Manager. It invests funds on behalf of its clients on a segregated basis as well as through its pooled vehicle Majedie Asset Management Investment Company
14: Contact name: Sundip Singh Shihn
15. Contact telephone number: 020 7618 3917