Notification of Major Holding of Shares- ACP Mezzanine

25 August 2006

1. Name of company
ACP Mezzanine Ltd

2. Name of shareholder having a major interest
Artemis Investment Management Limited

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.
As in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
Artemis High Income                             7,000,000

5. Number of shares/amount of stock acquired
Not disclosed

6. Percentage of issued class
6.90%

7. Number of shares/amount of stock disposed
Not disclosed

8. Percentage of issued class
N/A

9. Class of security
Ordinary shares

10. Date of transaction
Not disclosed

11. Date company informed
24th August 2006

12. Total holding following this notification
7,000,000

13. Total percentage holding of issued class following this notification
6.90%

14. Any additional information
None

15. Name of contact and telephone number for queries
Derek Vago,    +44 20 7082 3917

16. Name and signature of authorised company official responsible for making this notification.
Derek Vago,    +44 20 7082 3917

Date of notification: 25th August 2006