Notification of major shareholding: 27 December 2008

Panmure Gordon & Co. plc (“the Company”) has received notification dated 24 December 2007 from Mr Ardavan Farhad Moshiri

27 December 2007

Panmure Gordon & Co. plc

Notification of major shareholding

Panmure Gordon & Co. plc (“the Company”) has received notification dated 24 December 2007 from Mr Ardavan Farhad Moshiri informing the Company that, following a transaction on 24 December 2007, Northcote (IoM) Limited’s interest in the ordinary 4p shares in the Company has fallen below 10%. It now has a direct interest in 6,450,000 ordinary shares in the Company giving a total interest of 9.55% of the total voting rights attached to the issued share capital of the Company.

Enquiries:
Sarah Wigley
Company Secretary
+44 (0) 20 7614 8395

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