Holding(s) in Company

TR-1: Notifications of Major Interests in Shares                               
                                                                               
1. Identity of the issuer or the underlying     SPARK Ventures plc             
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights                          Yes       
                                                                               
An acquisition or disposal of financial instruments which may result No        
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                     No        
                                                                               
Other (please specify):______________                                          
                                                                               
3. Full name of person(s) subject to    RWC Pilgrim Fund                       
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if      Vidacos Nominees                       
different from 3):                                                             
                                                                               
5. Date of transaction (and date on     27 March 2009                          
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       8 April 2009                           
                                                                               
7. Threshold(s) that is/are crossed or  Below 3%                               
reached:                                                                       

8: Notified Details                                                            
                                                                               
A: Voting rights attached to shares                                            
                                                                               
Class/type   Situation previous to Resulting situation after the triggering    
of shares    the triggering        transaction                                 
             transaction                                                       
If possible                                                                    
use ISIN                                                                       
code                                                                           
                                                                               

Number of    Number of  Number of  Number of voting      Percentage of        
shares       voting     shares     rights                voting rights        
             rights                                                           
                                   Direct     Indirect   Direct Indirect      
                                                                              
GB0008550286 12,386,339 12,386,339 12,225,228 12,225,228        2.98%         

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the                 
                                              instrument                       
                                              exercised/                       
                                              converted)                       
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
12,225,228                              2.98%                                  

9. Chain of controlled undertakings through which the voting rights and /      
or the financial instruments are effectively held, if applicable:              
                                                                               
RWC Pilgrim Fund LP                               12,225,228                   

Proxy Voting:                                                                  
                                                                               
10. Name of 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:                        Andrew Betton                          
                                                                               
15. Contact telephone number :          020 7851 7777