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 | +---------------------------------------------+--------------------------------+   | +---------------------------------------------+--------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | INTEC TELECOM SYSTEMS PLC | |of existing shares to which voting rights are| | |attached: | | +---------------------------------------------+--------------------------------+ |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 |CREDIT SUISSE GROUP AG | |notification obligation: | | +--------------------------------------+---------------------------------------+ |4. Full name of shareholder(s) |CREDIT SUISSE SECURITIES (EUROPE) LTD | | (if different from 3.): |CREDIT SUISSE SECURITIES (USA) LLC | | |  | +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on| | |which the threshold is crossed or |05/11/2010 | |reached: | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: |09/11/2010 | +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or|6% | |reached: | | +-----------------------+--------------++-----+------------------------+-------+ +-------------------------------------------------------------------------------+ |8. Notified details: | +-------------------------------------------------------------------------------+ |A: Voting rights attached to shares | +------------+----------------------+-------------------------------------------+ |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 |rights | |the ISIN | ares |V ting +---------+------+----------+------+--------+ |CODE | |Rights |Direct |Direct|Indirect |Direct|Indirect| +------------+----------+-----------+---------+------+----------+------+--------+ |ORD |Not |Not |  |  |  |  |  | |GB00B09BY452|Reportable|Reportable |N/A |N/A |20,793,085|N/A |6.6016% | +------------+----------+-----------+---------+------+----------+------+--------+ +-------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +-------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +--------------+----------+--------------------+-----------------------+--------+ |Type of |Expiration|Exercise/ |Number of voting |% of | |financial |date |Conversion Period |rights that may be |voting | |instrument | | |acquired if the |rights | | | | |instrument is | | | | | |exercised/ converted. | | +--------------+----------+--------------------+-----------------------+--------+ |N/A |  |  |  |  | +--------------+----------+--------------------+-----------------------+--------+ +-------------------------------------------------------------------------------+ |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 instrument |rights | |instrument | | |period |refers to | | | | | | |  | | +-------------+---------+----------+----------+------------------+-------+------+ | | | | | |Nominal|Delta | |N/A |  |  |  |  +-------+------+ | | | | | |  |  | +-------------+---------+----------+----------+------------------+-------+------+ +-------------------------------------------------------------------------------+ |Total (A+B+C) | +------------------------------------+------------------------------------------+ |Number of voting rights |Percentage of voting rights | +------------------------------------+------------------------------------------+ |   |   | | 20,793,085 | 6.6016% | +------------+++--------+-+--------+++--------++-----+----------++-----+-+------+ +---------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or | |the | |financial instruments are effectively held, if applicable: | +---------------------------------------------------------------------------+ |  | | 1. Credit Suisse Group AG | | 2. Credit Suisse | | | |        2.1. Credit Suisse Securities (Europe) Ltd | |        2.2. Credit Suisse Securities (USA) LLC | |          | +---------------------------------------------------------------------------+ +---------------------------------------------------------------------------+ |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: | | +-----------------------------+---------------------------------------------+ |14. Contact name: |Liane Agostini/ Anthony Allen/ Paul MacDonald| +-----------------------------+---------------------------------------------+ |15. Contact telephone number:|+44 (0) 20 7888 3599/ 85416/ 88548 | +-----------------------------+-------------------+-------------------------+ Note: Annex should only be submitted to the FSA not the issuer -------------------------------------------------------------------------------- Annex: Notification of major interests in shares -------------------------------------------------------------------------------- +------------------------------------------------------------------------------+ |A: Identity of the persons or legal entity subject to the notification | |obligation | +-----------------------------------+------------------------------------------+ |Full name | | |(including legal form of legal |Credit Suisse Group AG | |entities) | | |  | | +-----------------------------------+------------------------------------------+ |Contact address | | |(registered office for legal |One Cabot Square, London E14 4QJ | |entities) | | |  | | +-----------------------------------+------------------------------------------+ |Phone number & email |020 7883 5667 leonie.miller@credit- | |  |suisse.com | +-----------------------------------+------------------------------------------+ |Other useful information | | |(at least legal representative for |Leonie Miller | |legal persons) | | |  | | +-----------------------------------+------------------------------------------+   | +-----------------------------------+------------------------------------------+ |B: Identity of the notifier, if applicable | +-----------------------------------+------------------------------------------+ |Full name |  | |  | | +-----------------------------------+------------------------------------------+ |Contact address |  | |  | | +-----------------------------------+------------------------------------------+ |Phone number & email |  | |  | | +-----------------------------------+------------------------------------------+ |Other useful information | | |(e.g. functional relationship with |  | |the person or legal entity subject | | |to the notification obligation) | | +-----------------------------------+------------------------------------------+ +------------------------------------------------------------------------------+ |C: Additional information | +------------------------------------------------------------------------------+ |Our ref: 875769 | +------------------------------------------------------------------------------+ For notes on how to complete form TR-1 please see the FSA website. [HUG#1460602] 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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