Holdings in Company

For Immediate Release 2 June 2008 Essentially Group Limited 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: 2. Reason for the notification: Required Notification that holding is more than 5% 1. Full name of person(s) subject to the notification obligation: Close Investments 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: 21 May 2008 6. Date on which issuer notified:# 22 May 2008 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares +---------------------------------------------------------------------------------------+ |Class/type of |Situation |Resulting situation after the triggering transaction | |shares |previous to the| | |if possible using|Triggering | | |the ISIN CODE |transaction | | | |---------------+-----------------------------------------------------| | |Number |Number |Number of |Number of voting rights|% of voting rights| | |of |of |shares | | | | |Shares |Voting |----------+-----------------------+------------------| | | |Rights |Direct |Direct |Indirect |Direct |Indirect | |-----------------+-------+-------+----------+------------+----------+--------+---------| | |N/A |N/A |10,933,000|10,933,000 | |8.23% | | +---------------------------------------------------------------------------------------+ B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that % of financial date Conversion may be acquired if the voting instrument Period/Date instrument is exercised/ rights converted. Total (A+B) Number of voting rights % of voting rights 10,933,000 8.23% 8. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable Close Investments Ltd 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 based on shares in issue figure of 132,731,101 as at 22nd May 2008. This is the required notification that the holding is more than 5% of the shares in issue. 14. Contact name: Iain Jenkins 15. Contact telephone number: 02074264013 ---END OF MESSAGE---