Shares in Issue and Major Shareholders

As at 5 July 2007 the total number of ordinary shares in issue was 21,630,061. These shares were held at that date in the following proportions:

Directors and Employees: 22%
Institutions: 42%
Others: 36%

Shareholders with an interest of more than 3% at that date were:

David Tatchell: 6.2%
Fidelity Investments: 6.2%
Pricap Venture Partners AG: 17.6%
Bluehone Investors LLP: 6.4%
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