Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

CINEWORLD GROUP PLC

2. Reason for the notification                                  State Yes/No   
                                                                               
An acquisition or disposal of voting rights                         Yes        
                                                                               
An acquisition or disposal of financial instruments which                      
may result in the acquisition of shares already issued to                      
which voting rights are attached                                               
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification        HSBC Holdings Plc 
obligation:                                                                    
                                                                               
4. Full name of shareholder(s) (if different from 3.):         HSBC Bank plc   
                                                                               
                                                               Sinopia Asset   
                                                              Management (UK)  
                                                                  Limited      
                                                                               
5. Date of the transaction (and date on which the threshold  29 December 2008  
is crossed or reached if different):                                           
                                                                               
6. Date on which issuer notified:                            30 December 2008  
                                                                               
7. Threshold(s) that is/are crossed or reached:                     10%        
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

Class/type of  Situation previous to    Resulting situation after the triggering   
  shares if       the Triggering                      transaction                  
possible using      transaction                                                    
the ISIN CODE                                                                      
                                                                                   
               Number of  Number of  Number of   Number of voting     % of voting  
                 Shares     Voting     shares         rights            rights     
                            Rights                                                 
                                                                                   
                                       Direct     Direct   Indirect Direct Indirect
                                                                                   
   Ordinary    13,802,967 13,802,967 14,036,727 14,036,727 126,990  9.90%   0.09%  
    shares                                                                         
                                                                                   
 GB00B15FWH70                                                                      
                                                                                   

B: Financial Instruments

Resulting situation after the triggering transaction

  Type of     Expiration      Exercise/       Number of voting     % of voting 
 financial       date     Conversion Period  rights that may be      rights    
 instrument                    / Date          acquired if the                 
                                                instrument is                  
                                             exercised/converted               

Total (A+B)                                                                    
                                                                               
Number of voting rights            % of voting rights                          
                                                                               
14,163,717                         10%                                         

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:

HSBC Holdings Plc                                                              
                                                                               

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:                                                                 

13. Additional information:            None                                    
                                                                               
14. Contact name:                      Baljeet Gill                            
                                                                               
15. Contact telephone number:          020 7991 6555