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TR-1: Notifications of Major Interests in Shares                               

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

Hogg Robinson Group plc                                                        

2. Reason for notification                                     [Yes/No]        

An acquisition or disposal of voting rights                       Yes          

An acquisition or disposal of financial instruments               No           
which may result in the                                                        
acquisition of shares already issued to which voting                           
rights are attached                                                            

An event changing the breakdown of voting rights                  No           

Other (please specify):                                           No           

3. Full name of person(s) subject to                              Beeverweerd Investments BV               
notification obligation:                                                                    

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

5. Date of transaction (and date on                               2 January 2009                           
which the                                                                      
threshold is crossed or reached if                                             
different):                                                                    

6. Date on which issuer notified:                                 6 January 2009 (16:03)                          

7. Threshold(s) that is/are crossed                               19%                                      
or reached:                                                                    

8: Notified Details                                                            

A: Voting rights attached to shares                                            

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

If possible    Number of  Number of  Number of       Number of       Percentage of 
use              shares     voting     shares      voting rights     voting rights 
ISIN code                   rights                                                 

                                                  Direct   Indirect Direct Indirect

GB00B1CM8S45   49,358,568 49,358,568 58,223,579 58,223,579          19.05%         


B: Financial Instruments                                                       

Resulting situation after the triggering transaction                           

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


Total (A+B)                                                                    

Number of voting rights              Percentage of voting rights               

58,223,579                           19.05%                                    


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

N/A

Proxy Voting:                                                                  

10. Name of proxy holder:              n/a                                           

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

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

13. Additional information:            n/a                                        

14. Contact name:  W.J.T Broekman (on behalf of Boron Managament B.V.)                                          

15. Contact telephone number:     +31 (0)30 69 92 682



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