TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


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

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 qualifying financial instruments
which may result in the acquisition of shares already issued
to which voting rights are attached

An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):


3. Full name of person(s) subject to the
notification obligation:                                  ARBUTHNOT LATHAM
                                                          (NOMINEES) 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:                05/12/2013


6. Date on which issuer notified:                         06/12/2013
                                                          (not received by
                                                          the Company until
                                                          16/01/2014)


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


8. Notified details:

A: Voting rights attached to shares

Class/type    Situation previous     Resulting situation after the triggering
of shares     to the triggering      transaction
              transaction

if possible   Number     Number      Number      Number of voting    % of  voting
using the     of         of          of shares   rights              rights
ISIN CODE     Shares     Voting
                         Rights      Direct      Direct    Indirect  Direct  Indirect

GB00B0BDCB21  2,191,940  2,191,940   3,412,657   3,412,657           5.73%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial   Expiration  Exercise/    Number of voting     % of voting
instrument          date        Conversion   rights that may be   rights
                                Period       acquired if the
                                             instrument is
                                             exercised/converted.


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

Type of     Exercise  Expiration Exercise/   Number of voting  % of voting rights
financial   price     date       Conversion  rights instrument
instrument                       period      refers to
                                                                Nominal      Delta


Total (A+B+C)

Number of voting rights       Percentage of voting rights

3,412,657                     5.73%


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

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:

14. Contact name:                    DIANNE BEVAN - HEAD OF INVESTMENT
                                     MANAGEMENT OPERATIONS

15. Contact telephone number:        0044 20 7012 2604
                                     DIANNEBEVAN@ARBUTHNOT.CO.UK
                                     AFMOPS@ARBUTHNOT.CO.UK