Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                               |
+------------------------------------------------------------------------------+

+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying   |                               |
|issuer                                        |   Intec Telecom Systems Plc   |
|of existing shares to which voting rights are |                               |
|attached: ii                                  |                               |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification(please tick the appropriate box or boxes):      |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of voting rights                           |   x   |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of qualifying financial instruments which  |       |
|may result in the acquisition of shares already issued to which voting|       |
|rights are attached                                                   |       |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of instruments with similar economic effect|       |
|to qualifying financial instruments                                   |       |
+----------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights                      |       |
+----------------------------------------------------------------------+-------+
|Other (please specify):                                               |       |
+--------------------------------------+-------------------------------+-------+
|3. Full name of person(s) subject to  |                                       |
|the                                   |            BlackRock Inc.             |
|notification obligation: iii          |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |                                       |
|(if different from 3.):iv             |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |          31st December 2009           |
|reached: v                            |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |           5th January 2010            |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|      Holding has gone above 10%       |
|reached:vi, vii                       |                                       |
+--------------------------------------+---------------------------------------+

+-----------------------------------------------------------------------------------+
|8. Notified details:                                                               |
+-----------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix                                       |
+------------+----------------------+-----------------------------------------------+
|Class/type  |Situation previous    |Resulting situation after the triggering       |
|of          |to the triggering     |transaction                                    |
|shares      |transaction           |                                               |
|            +----------+-----------+----------+--------------------+---------------+
|if possible |Number    |Number     |Number    |Number of voting    |% of  voting   |
|using       |of        |of         |of shares |rights              |rightsx        |
|the ISIN    |  ares    |V ting     +----------+--------+-----------+------+--------+
|CODE        |          |Rights     |Direct    |Directxi|Indirectxii|Direct|Indirect|
+------------+----------+-----------+----------+--------+-----------+------+--------+
|            |          |           |          |        |           |      |        |
|GB0006725062|16,564,803|16,564,803 |N/A       |N/A     |21,379,678 |N/A   |6.91%   |
|            |          |           |          |        |           |      |        |
+------------+----------+-----------+----------+--------+-----------+------+--------+
+-----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                                |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                               |
+--------------+----------+---------------------+---------------------+-------------+
|Type of       |Expiration|Exercise/            |Number of voting     |% of voting  |
|financial     |datexiii  |Conversion Periodxiv |rights that may be   |rights       |
|instrument    |          |                     |acquired if the      |             |
|              |          |                     |instrument is        |             |
|              |          |                     |exercised/ converted.|             |
+--------------+----------+---------------------+---------------------+-------------+
+--------------+----------+---------------------+---------------------+-------------+
+-----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial      |
|Instrumentsxv, xvi                                                                 |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                               |
+-------------+---------+----------+-----------+---------------------+--------------+
|Type of      |Exercise |Expiration|Exercise/  |Number of voting     |% of voting   |
|financial    |price    |datexvii  |Conversion |rights instrument    |rightsxix, xx |
|instrument   |         |          |periodxviii|refers to            |              |
|             |         |          |           |                     |              |
+-------------+---------+----------+-----------+---------------------+-------+------+
|             |         |          |           |                     |Nominal|Delta |
|CFD          |N/A      |N/A       |N/A        |10,256,208           +-------+------+
|             |         |          |           |                     |3.32%  |      |
+-------------+---------+----------+-----------+---------------------+-------+------+
+-----------------------------------------------------------------------------------+
|Total (A+B+C)                                                                      |
+------------------------------------+----------------------------------------------+
|Number of voting rights             |Percentage of voting rights                   |
+------------------------------------+----------------------------------------------+
|                                    |10.23%                                        |
|31,635,886                          |                                              |
+------------------------------------+----------------------------------------------+

+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:xxi                 |
+------------------------------------------------------------------------------+
|BlackRock Investment Management (UK) Limited - 31,635,886 (10.23%)            |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|Proxy Voting:                                                                 |
+-------------------------------------------------+----------------------------+
|10. Name of the proxy holder:                    |                            |
+-------------------------------------------------+----------------------------+
|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:  |     BlackRock Compliance Disclosures Team      |
+-----------------------------+------------------------------------------------+
|14. Contact name:            |                Stuart Watchorn                 |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|  020 7743 5741; [e-mail]  |
+-----------------------------+------------------------------------------------+



[HUG#1372797]