TR-1: Notifications of Major Interests in Shares

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Exercise Date

Exercise Conversion Period

No. of voting rights

Percentage of voting rights

Nominal

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

Kewill PLC

2. Reason for notification (yes/no)
An acquisition or disposal of voting rights	X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to notification obligation :	Hermes Equity Ownership Services Limited
4. Full name of shareholder(s) (if different from 3):	Shares are held by the relevant custodian(s)
5. Date of transaction (and date on which the threshold is crossed or reached if different):	25 October 2011
6. Date on which issuer notified :	26 October 2011
7. Threshold(s) that is/are crossed or reached :	5%

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
GB0007383341 0738334	4,444,483	4,444,483			4,690,006		5.15524%

B: Qualifying 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 is exercised/converted	Percentage of voting rights

Total (A+B+C)
Number of voting rights	Percentage of voting rights
4,690,006	5.15524%

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

BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme (“BTPS”) controls Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited (“HFML”). HFML is the parent undertaking of Hermes Equity Ownership Services Limited (“HEOS”) (voting rights: 5.15524%)*

* This notification is being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 5.2.1(h) as a result of control of voting rights in relation to such shares.

Proxy Voting:
10. Name of proxy holder:	See Comment in Section 9.
11. Number of voting rights proxy holder will cease to hold:	See Comment in Section 9.
12. Date on which proxy holder will cease to hold voting rights:	See Comment in Section 9.

13. Additional information:
14 Contact name:	Valerie Davidson (v.davidson@hermes.co.uk)
15. Contact telephone number:	020 7680 2177