For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

Zetar PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

YES

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

An event changing the breakdown of voting rights

Other (please specify):______________

3. Full name of person(s) subject to notification obligation:

Lincoln Vale European Partners Master Fund, LP

Philip A Cooper

Managing Partner

By: Lincoln Vale General Partners LP

Acting by its General Partners, Lincoln Vale European Partners GP LLC

4. Full name of shareholder(s) (if different from 3):

Lincoln Vale European Partners Master Fund, LP

5. Date of transaction (and date on which the threshold is crossed or reached if different):

October 29, 2008

6. Date on which issuer notified:

October 30, 2008

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

9.0%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Zetar PLC

Ordinary Shares

GB00B053B440

782,285

6.80%

1,046,285

9.09%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

1,046,285

9.09%

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

The voting interest of Lincoln Vale European Partners Master Fund, L.P. is entirely attributed to Lincoln Vale European Partners GP LLC, acting by its General Partner, Lincoln Vale General Partner L.P.

LEGAL ADDRESS

Lincoln Vale European Partners Master Fund, L.P.

PO Box 309GT, Ugland House

South Church Street, George Town

Grand Cayman

Cayman Islands

CARE OF

Lincoln Vale European Partners Master Fund, L.P.

55 Old Bedford Road

Lincoln, MA 01773

U.S.A.

LEGAL ADDRESS

Lincoln Vale European Partners GP LLC

PO Box 309GT, Ugland House

South Church Street, George Town

Grand Cayman

Cayman Islands

CARE OF

Lincoln Vale European Partners GP LLC

55 Old Bedford Road

Lincoln, MA 01773

U.S.A.

Proxy Voting:

10. Name of 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:

Anthony L Suttles

Associate, Lincoln Vale LLC

15. Contact telephone number:

+1.781.257.0600