Significant Shareholders

Name Shareholding
Trevor Applin* 4.38%
Paul Kerr Ashton* 5.82%
Paul Francis Jackson* 14.05%
Barrie John Dunning 3.20%
Robert William Thornton 2.97%
Nigel John Hamilton-Smith 2.98%
JP Morgan Chase & Co 5.06%
Royal Mail Pension Trustees Limited 3.33%

*2.24% of the Company's issued share capital is held jointly by P F Jackson, P K Ashton and T Applin on behalf of the former equity partners of Morgan Brown and Spofforth. This is not included in the disclosures above.

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