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20/08/07 - Holding(s) in Company

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