Notification of Interest

Adamind Ltd
30 June 2006


                                  Adamind Ltd
                           (Adamind or "the Company")

                            Notification of Interest

30 June 2006: Adamind was notified on 26 June 2006 that funds managed by Victory
Capital, in aggregate, 1,187,273 ordinary shares in the Company representing
approximately 3.3% of the issued ordinary share capital of the Company.


Enquiries:

Adamind

Eli Sofer, CFO                          [phone]



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