Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                
                                                                               
1. Identity of the issuer or the underlying MEDIAZEST PLC                      
issuer                                                                         
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    PLACING                                                  X    
specify):                                                                      
                                                                               
3. Full name of person(s) subject to NORMAN HENRY SLATER                       
the                                                                            
notification obligation: iii                                                   
                                                                               
4. Full name of shareholder(s)                                                 
(if different from 3.):iv                                                      
                                                                               
5. Date of the transaction and date  04 MARCH 2011                             
on                                                                             
which the threshold is crossed or                                              
reached: v                                                                     
                                                                               
6. Date on which issuer notified:    11 MARCH 2011                             
                                                                               
7. Threshold(s) that is/are crossed  4%                                        
or                                                                             
reached: vi, vii                                                               

1,145,0001,145.000

8. Notified details:                                                                  
                                                                                      
A: Voting rights attached to shares viii, ix                                          
                                                                                      
Class/type of Situation previous    Resulting situation after the triggering          
shares        to the triggering     transaction                                       
              transaction                                                             
                                                                                      
if possible   Number    Number      Number      Number of voting    % of voting rights
using         of        of          of shares   rights              x                 
the ISIN CODE Shares    Voting                                                        
                        Rights      Direct      Direct xi  Indirect Direct    Indirect
                                                           xii                        
                                                                                      
GB00B064NT52                        10,235,900  10,235,900          4.13%             
                                                                                      
B: Qualifying Financial Instruments                                                   
                                                                                      
Resulting situation after the triggering transaction                                  
                                                                                      
Type of financial  Expiration Exercise/             Number of voting    % of voting   
instrument         date xiii  Conversion Period xiv rights that may be  rights        
                                                    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 xvii  Conversion   rights instrument     rights xix, xx  
instrument                         period xviii refers to                             
                                                                                      
                                                                      Nominal   Delta 
                                                                                      
Total (A+B+C)                                                                         
                                                                                      
Number of voting rights                   Percentage of voting rights                 
                                                                                      
10,235,900                                4.13%                                       

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
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:                      N H Slater                              
                                                                               
15. Contact telephone number:          020 83431515                            

Note: Annex should only be submitted to the FSA not the issuer                 
                                                                               
Annex: Notification of major interests in sharesxxii                           
                                                                               
A: Identity of the persons or legal entity subject to the notification         
obligation                                                                     
                                                                               
Full name                               Norman Henry Slater                    
                                                                               
(including legal form of legal                                                 
entities)                                                                      
                                                                               
Contact address                         Gable House, 239 Regents Park Road,    
                                        London N3 3LF                          
(registered office for legal entities)                                         
                                                                               
Phone number & email                    020 83431515                           
                                                                               
Other useful information                                                       
                                                                               
(at least legal representative for                                             
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                                                      
                                                                               
For notes on how to complete form TR-1 please see the FSA website.