Holding(s) in Company

1. Identity of the issuer or the underlying issuer EVOLUTEC GROUP PLC
of existing shares to which voting rights are
attached:
 
2. Reason for notification (yes/no)
                                                                  YES
An acquisition or disposal of voting rights
 
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 notification  GAM International
obligation:                                        Management Limited
 
4. Full name of shareholder(s) (if different from  Same as above
3):
 
5. Date of transaction (and date on which the      16/10/2008
threshold is crossed or reached if different):
 
6. Date on which issuer notified:                  20/10/2008
 
7. Threshold(s) that is/are crossed or reached:    10%
 
8: Notified Details
A: Voting rights attached to shares
 
Class/type Situation     Resulting situation after the triggering
of shares  previous to   transaction
If         the
possible   triggering
use ISIN   transaction
code       Number Number Number of  Number of voting   Percentage of
           of     of     shares     rights             voting rights
           shares voting
                  rights            Direct    Indirect Direct    Indirect
           0      0       2,820,339 2,820,339          10.86836%
ORD
 
B: Financial Instruments
 
Resulting situation after the triggering transaction
 
Type of    Expiration Exercise/    No. of voting rights    Percentage
financial  date       conversion   that may be acquired    of voting
instrument            period/date  (if the instrument      rights
                                   exercised/converted)
 
Total (A+B)
 
Number of voting rights Percentage of voting rights
2,820,339               10.86836%
 
9. Chain of controlled undertakings through which the voting rights
and /or the financial instruments are effectively held, if
applicable:
GAM International Management Limited is the discretionary investment
manager as follows:
Period of Interest
                                           10-Oct-08 to 20-Oct-08
Security
                                                     Evolutec Group
PLC Ordinary GBP0.10
ISIN
            GB00B01JLR99
SEDOL
B01JLR9
Uptix code
B01JLR9
Number of shares in issue
25,949,996.00
Fund Name                                                        Last
Trade Date          Nominal           % of Issue
GAM UK Equity Hedge Investments Inc
16-Oct-08                 2,820,339.00         10.868
 
Proxy Voting:
 
10. Name of proxy holder: Institutional Shareholder Services
 
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:              BARBARA HALL, GAM International
                              Management Limited
 
15. Contact address           12 St James's Place, London,SW1A 1NX
16. Contact telephone number: +00 44 207 917 2356
 
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solely responsible for the content of this announcement.