K3 Business Technology Group PLC
02 January 2008



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):
K3 Business Technology Group Plc

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: ( )

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: ( Yes )

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):
Discretionary clients

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
28 December 2007

6. Date on which issuer notified:
2 January 2008

7. Threshold(s) that is/are crossed or reached:
5%

8. Notified details:






A: Voting rights attached to shares

Class/type of shares if possible        Situation previous to the
using the ISIN CODE                    Triggering transaction (vi)
                                   Number of    Number of voting
                                   shares       Rights (viii)

Ordinary                           1,173,000    1,173,000
GB00B00P6061

Resulting situation after the triggering transaction (vii)

Class/type of shares Number of shares  Number of voting rights    % of voting rights
if possible using                      (ix)
the ISIN CODE
                                       Direct (x) Indirect (xi)   Direct    Indirect

                     1,173,000         NA         1,173,000       NA        4.948

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting
financial   (xiii)           Period/ Date (xiv)  rights that may be   rights
instrument                                       acquired if the
                                                 instrument is
                                                 exercised/
                                                 converted.



Total (A+B)
Number of voting       % of voting
rights                 rights

1,173,000              4.948

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

870,000 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 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:
This change is subsequent to the company's announcement of 20 Decembr and
admission to trading on 28 December of 15,500 new ordinary shares.

14. Contact name:
David Clueit

15. Contact telephone number:
01253 621575




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