Holding(s) in Company

For immediate release

                                                                12 January 2007

                                  Mondas plc                                   

                          ("Mondas" or the "Company")                          

                              Holding in Company                               

The Company announces that it received notification that, following a sale of
200,000 ordinary shares on 2 January 2007, FF&P Small Cap UK Equity Fund, a
sub-fund of FF&P Global Equities Umbrella Fund, now holds 1,550,000 Mondas
ordinary shares, equivalent to 4.21 per cent. of the total number of voting
rights in respect of each class of share in issue in the Company and admitted
to trading on AIM.

The Company has also been notified that as at 22 December 2006, AXA Investment
Managers UK Limited ("AXA") held 3,703,413 Mondas ordinary shares, equivalent
to 10.56 per cent. of the total number of voting rights in respect of each
class of share in issue in the Company and admitted to trading on AIM.

Furthermore, the Company has also been notified that the AXA shareholding
comprises a beneficial interest of 42,000 ordinary shares, equivalent to 0.11
per cent. of the total number of voting rights in respect of each class of
share in issue in the Company and admitted to trading on AIM, which is held by
Sun Life Pensions Management Limited and a non-beneficial interest of 3,661,413
ordinary shares, equivalent to 9.94 per cent. of the total number of voting
rights in respect of each class of share in issue in the Company and admitted
to trading on AIM, which is held by HSBC Global Custody Nominees (UK) Limited.

ENQUIRIES:

Mondas plc                                                                   
                                                                             
Ian Selby                                                   Tel:[phone]
                                                                             
John East & Partners Limited                                                 
                                                                             
Simon Clements                                             Tel: [phone]