Mallett PLC ("the Company")

Notifiable Interest

A form TR-1 containing the following information has been received by the Company. 

TR-1 notification of major interests in shares 

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

Mallett Plc

2. Reason for the notification 

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation: 

Credit Suisse Securities (Europe) 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): 

9 September 2008

6. Date on which issuer notified: 

11 September 2008

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

3%

8. Notified details:

A: Voting rights attached to shares

B: Financial Instruments

Total (A+B)

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

Credit Suisse Securities (Europe) Limited is a part of the Investment Banking division of Credit Suisse ("CSIBD"), which is part of the Credit Suisse Group ("CSG"). CSIBD is a segregated business unit within CSG with an independent management structure and exercises its voting rights independently from other divisions of CSG

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: 

14. Contact name: 

Simon Crawley

15. Contact telephone number: 

+44 207 888 5416

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