Notification of Interest

Adamind Ltd
15 May 2006




                                  Adamind Ltd
                           (Adamind or "the Company")

                            Notification of Interest

15 May 2006: Adamind was notified on 8 May 2006 that on 5 May 2006 funds managed
by F&C Asset Management plc acquired, in aggregate, 1,090,000 ordinary shares in
the Company representing 3.08% of the issued ordinary share capital of the
Company.

Enquiries:

Adamind
Eli Sofer, CFO [phone]



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