1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

  ENDACE LTD

2. Reason for the notification   (please tick the appropriate box or boxes)

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:

Resolution Investment Services Limited  

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):

  13/08/2008

6. Date on which issuer notified:

   14/08/2008

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

  3%

8. Notified details:

Nominee holdings

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

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

% of voting rights

Direct

Direct 

Indirect

Direct

Indirect

NZNPVE0001S2   

449,365

3.01%

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. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

449,365

3.01%

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

Pearl Group Limited

Impala Holdings Limited

Resolution PLC

Resolution Asset Management Limited 

Resolution Investment Services Limited (indirect)

Vidacos Nominees Ltd (449,365 3.01%)

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:

Percentage calculation based on Issued Share Capital of 14,936,000

14. Contact name:

  Deborah A. Wagner

15. Contact telephone number:

  0141 222 8000

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

   Resolution Investment Services Limited 

Contact address (registered office for legal entities)

   50 Bothwell Street, Glasgow, G2 6HR

Phone number 

   0141 222 8000

Other useful information (at least legal representative for legal persons)

   Deborah A. Wagner

B:     Identity of the notifier, if applicable

Full name 

   Deborah A. Wagner

Contact address 

   50 Bothwell Street, Glasgow, G2 6HR

Phone number 

   0141 222 8285

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

   Company Secretary

C:    Additional information