Notification of Major Interest in Shares

+------------------------------------------------------------------------------+
|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                       |     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                                   |     The Goldman Sachs Group, Inc.     |
|notification obligation:(iii)         |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |      Goldman Sachs International      |
| (if different from 3.):(iv)          |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |           05 NOVEMBER 2010            |
|reached:(v)                           |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |           09 NOVEMBER 2010            |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|                  7%                   |
|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           |rights (x)     |
|the ISIN    |  ares   |Vo ing     +------------+------+----------+------+--------+
|CODE        |         |Rights     |Direct      |Direct|Indirect  |Direct|Indirect|
|            |         |           |            |(xi)  |(xii)     |      |        |
+------------+---------+-----------+------------+------+----------+------+--------+
|            |         |           |            |      |          |      |        |
|            |         |           |            |      |          |      |        |
|GB0006725062|         | Below 3%  |            |      |22,862,207|      | 7.26%  |
+------------+         |           |            |      |          |      |        |
|            |         |           |            |      |          |      |        |
+------------+---------+-----------+------------+------+----------+------+--------+

+---------------------------------------------------------------------------------+
|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 be|rights       |
|instrument    |          |                      |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 instrument |rights (xix,  |
|instrument   |        |(xvii)    |period(xviii)|refers to         |xx)           |
|             |        |          |             |                  |              |
+-------------+--------+----------+-------------+------------------+-------+------+
|             |        |          |             |                  |Nominal|Delta |
|             |        |          |             |                  +-------+------+
|             |        |          |             |                  |       |      |
+-------------+--------+----------+-------------+------------------+-------+------+

+---------------------------------------------------------------------------------+
|Total (A+B+C)                                                                    |
+-----------------------------------+---------------------------------------------+
|      Number of voting rights      |         Percentage of voting rights         |
+-----------------------------------+---------------------------------------------+
|            22,862,207             |                    7.26%                    |
+------------+++-------+--+-------+++-----------++-----+----------+++----+-+------+
             |||       |  |       |||           ||     |          |||    | |
             |||       |  |       |||           ||     |          |||    | |
             |||       |  |       |||           ||     |          |||    | |
             |||       |  |       |||           ||     |          |||    | |

+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi)               |
+------------------------------------------------------------------------------+
|                                                                              |
|The interest in 22,862,207 shares arose from a beneficial interest held by    |
|Goldman Sachs International, a wholly-owned indirect subsidiary of GS Inc.    |
|These shares are, or will be, registered at CREST in account CREPTEMP.        |
|                                                                              |
|                                                                              |
|                                                                              |
|                                                                              |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|Proxy Voting:                                                                 |
+-------------------------------------+----------------------------------------+
|10. Name of the proxy holder:        |                  N/A                   |
+-------------------------------------+----------------------------------------+
|11. Number of voting rights proxy    |                                        |
|holder will cease                    |                  N/A                   |
|to hold:                             |                                        |
+-------------------------------------+----------------------------------------+
|12. Date on which proxy holder will  |                                        |
|cease to hold                        |                  N/A                   |
|voting rights:                       |                                        |
+-------------------------------------+----------------------------------------+

+------------------------+-----------------------------------------------------+
|                        |General email contact:                               |
|13. Additional          |                                                     |
|information:            |[e-mail]                        |
+------------------------+-----------------------------------------------------+
|14. Contact name:       |Shannon Sutherland                                   |
+------------------------+-----------------------------------------------------+
|15. Contact telephone   |020-7774-6249                                        |
|number:                 |                                                     |
+------------------------+-----------------------------------------------------+

-------------------------+------------+-----------------------------------------




[HUG#1460963]








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Source: Intec Telecom Systems Plc via Thomson Reuters ONE