IHUK Impact Holdings

Form TR-1 with annex. FSA Version 2.1 updated April 2007

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     Impact Holdings (UK) plc
issuer of existing shares to which voting
rights are attached:

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 event changing the breakdown of voting rights

Other (please specify):__________

3. Full name of person(s) subject to    Mercantile Investment Company Ltd
notification obligation:

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

5. Date of transaction (and date on     Transactions between 13 & 28 January
which the threshold is crossed or       2014
reached if different):

6. Date on which issuer notified:       14 February 2014

7. Threshold(s) that is/are crossed or  28%
reached:

8: Notified Details

A: Voting rights attached to shares

Class/    Situation previous  Resulting situation after the triggering
type of   to the triggering   transaction
shares    transaction

If
possible
use ISIN
code

ORDINARY

Number of    Number   Number   Number of voting  Percentage of
shares       of       of       rights            voting rights
             voting   shares
             rights
                               Direct   Indirect Direct    Indirect

GB00B3DFYL18 611,750  611,750  741,750  130,000  611,750             28.29%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of        Expiration     Exercise/       No. of voting      Percentage of
financial      date           conversion      rights that may be voting rights
instrument                    period/date     acquired (if the
                                              instrument
                                              exercised/
                                              converted)


Total (A+B)

Number of voting rights                 Percentage of voting rights

741,750                                 28.29%

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


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:                        Gabriel Radzyminski

15. Contact telephone number:           +61 2 8014 1188

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