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NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Findel plc

2. Name of shareholder having a major interest

Toscafund Asset Management LLP     Tosca Mid Cap     Tosca Opportunities

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

5. Number of shares / amount of stock acquired

NOT DISCLOSED

6. Percentage of issued class

7. Number of shares / amount of stock disposed

8. Percentage of issued class

9. Class of security

Ordinary 5p Shares

10. Date of transaction

30th October 2009

  

11. Date company informed

3rd November 2009

12. Total holding following this notification

85,354,776

13. Total percentage holding of issued class following this notification

17.44%

14. Any additional information

	Current				Previously disclosed
SHARES	74,347,247		15.19%		74,347,247		15.19%
CFD (With voting rights)	11,007,529		2.25%		5,307,269		1.08%
Total

15. Name of contact and telephone number for queries

I J Bolton 01943 864686

16. Name and signature of authorised company official responsible for making this notification

I J Bolton

Date of notification

4th November 2009

ENDHOLUSAVRKSRARAA