AVINGTRANS PLC - Holding(s) in Company

3. Full name of person(s) subject to                 ROYAL BANK OF CANADA

the notification obligation: iii

4. Full name of shareholder(s)                     RBC CEES TRUSTEE LIMITED

(if different from 3.):iv
                                                   RBC TRUSTEES (CI) LIMITED
 
                                           RBC TRUST COMPANY (INTERNATIONAL) LIMITED

5. Date of the transaction and date on                 20 DECEMBER 2012
which the threshold is crossed or
reached: v

6. Date on which issuer notified:                       15 JANUARY 2013

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

reached: vi, vii

8. Notified details:

A: Voting rights attached to shares viii, ix
Class/type of    Situation previous            Resulting situation after the triggering transaction
shares           to the triggering
                 transaction
 
if possible
using
the ISIN CODE
                 Number          Number        Number      Number of voting         % of voting rights
                 of              of            of shares   rights                   x
                 Shares          Voting
                                 Rights        Direct      Direct xi  Indirect xii  Direct    Indirect
                                                     
ORDINARY SHARES                                2,357,300              2,357,300               9.06%
 
  GB0009188797
 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction Type of financial Exercise Expiration Exercise/

            Number of voting rights    % of voting
instrument             price      date xvii     Conversion period    

instrument refers to rights xix, xx

                                                xviii
                                                                                                Nominal     Delta
 
Total (A+B+C)

Number of voting rights                            Percentage of voting rights

2,357,300                                          9.06%
 

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

RBC cees Trustee limited, RBC Trustees (CI) limited and RBC Trust Company (International) Limited are wholly owned indirect subsidiaries of the Royal bank of Canada.

 
As disclosed in the TR-1 notification made in May 2012 on behalf of Nigel Wray it
was noted that the family of Nigel Wray maintain a beneficial interest in 1,477,300
shares. The shares are held by RBC Trustees (CI) limited and RBC Trust Company
(International) Limited who retain control of the underlying voting rights

in their
capacity as Trustee.
 

Proxy Voting:

10. Name of the proxy holder:                                      N/A

11. Number of voting rights proxy holder will cease                N/A

to hold:

12. Date on which proxy holder will cease to hold                  N/A
voting rights:
 
13. Additional information:              Figures are based on total number of voting
                                                      rights 26,031,000

14. Contact name:                                       SCOTT ROBERTS

15. Contact telephone number:                          (01534) 745964
  

Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation

Full name                                              Royal Bank of Canada

(including legal form of legal entities)

 
Contact address                                   Royal Bank Plaza, South Tower
                                                    200 Bay Street, Suite 600
(registered office for legal entities)           Toronto, Ontario, Canada M5J 2J5
 
Phone number & email
 
Other useful information
 
(at least legal representative for legal
persons)
 
B: Identity of the notifier, if applicable
Full name                                                 Scott Roberts
 
Contact address                            19-21 Broad Street, St Helier JERSEY JE1 8PB
 
Phone number & email                                       01534 602791
 
Other useful information                         RBC Central Compliance Services
 
(e.g. functional relationship with the
person or legal entity subject to the
notification obligation)
 

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.