Notification of major interest in shares

For filings with the FSA include the | annex | ----------------------------------------+--------------------------------------- For filings with issuer exclude the | annex | ----------------------------------------+--------------------------------------- +------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) | +---------------------------------------------+--------------------------------+   | +---------------------------------------------+--------------------------------+ |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 | | +----------------------------------------------------------------------+-------+ |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 | 1(st) November 2010 | | reached:(v) | | +----------------------------------------+---------------------------+ | 6. Date on which issuer notified: | 3(rd) November 2010 | +----------------------------------------+---------------------------+ | 7. Threshold(s) that is/are crossed or | Holding has gone below 5% | | 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 |% of  voting | |using |of |of |of shares |voting |rights (x) | |the ISIN |Shares |Voting | |rights | | |CODE | |R ghts +------------+------+--------+------+--------+ | | | |Direct |Direct|Indirect|Direct|Indirect| | | | | |(xi) |(xii) | | | +------------+----------+-----------+------------+------+--------+------+--------+ |GB0006725062|25,488,788|25,488,788 |N/A |N/A |N/A |N/A |Below 5%| +------------+----------+-----------+------------+------+--------+------+--------+ +--------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +--------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +--------------+----------+-----------------------+----------------+-------------+ |Type of |Expiration|Exercise/ |Number of voting|% of voting | |financial |date(xiii)|Conversion Period(xiv) |rights that may |rights | |instrument | | |be | | | | | |acquired if the | | | | | |instrument is | | | | | |exercised/ | | | | | |converted. | | +--------------+----------+-----------------------+----------------+-------------+ |  |  |  |  |  | +--------------+----------+-----------------------+----------------+-------------+ +--------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments (xv, xvi) | +--------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +-------------+---------+----------+-------------+----------------+--------------+ |Type of |Exercise |Expiration|Exercise/ |Number of voting|% of voting | |financial |price |date |Conversion |rights |rights (xix, | |instrument | |(xvii) |period(xviii)|instrument |xx) | | | | | |refers to |  | | | | | |  | | +-------------+---------+----------+-------------+----------------+-------+------+ | | | | | |Nominal|Delta | |  |  |  |  |  +-------+------+ | | | | | |  |  | +-------------+---------+----------+-------------+----------------+-------+------+ +--------------------------------------------------------------------------------+ |Total (A+B+C) | +------------------------------------+-------------------------------------------+ |Number of voting rights |Percentage of voting rights | +------------------------------------+-------------------------------------------+ |N/A |Below 5% | +------------+++--------+-+--------+++-----------++-----+--------+++----+-+------+ +------------------------------------------------------------------------------+ |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 - Below 5% | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------------+ |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: | | +-------------------------------------------------+----------------------------+ +-----------------------------+------------------------------------------------+ | |BlackRock Threshold Reporting Team | |13. Additional information: | | +-----------------------------+------------------------------------------------+ |14. Contact name: |Stuart Watchorn | +-----------------------------+------------------------------------------------+ |15. Contact telephone number:|020 7743 5741; stuart.watchorn@blackrock.com | +-----------------------------+-------------------+----------------------------+ [HUG#1458696] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Intec Telecom Systems Plc via Thomson Reuters ONE
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