Holding(s) in Company

RNS Number:4613G
Management Consulting Group PLC
26 October 2007

TR-1: notification of major interests in shares

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

Management Consulting Group 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 the notification obligation:

Barclays PLC

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

Barclays Bank PLC
Barclays Capital Securities Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd

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

24 October 2007

6. Date on which issuer notified:

25 October 2007

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

From 3% to 4%

8. Notified details:

A: Voting rights attached to shares

Class/type Situation previous to the Resulting situation after the triggering
of shares Triggering transaction transaction
if possible Number of voting % of voting
using the Number of Number of Number of rights rights
ISIN CODE Shares Voting Rights shares Direct Indirect Direct Indirect

Ordinary 12,993,311 12,993,311 13,245,170 0 13,245,170 0.00% 4.03%

GB0001979029

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting rights that may % of
financial date Conversion be acquired if the instrument is voting
instrument Period/ Date exercised/converted. rights

Total (A+B)

Number of voting rights % of voting rights

13,245,170 4.03%

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

Barclays Bank PLC
Barclays Capital Securities Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A