Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

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

 

2 Reason for the notification (please tick the appropriate box or boxes):     
                                                                              
                                                                              
                                                                              
An acquisition or disposal of voting rights                                Yes
                                                                              
                                                                              
                                                                              
An acquisition or disposal of qualifying financial instruments which may      
result in the acquisition of shares already issued to which voting rights     
are attached                                                                No
                                                                              
                                                                              
                                                                              
An acquisition or disposal of instruments with similar economic effect to     
qualifying financial instruments                                            No
                                                                              
                                                                              
                                                                              
An event changing the breakdown of voting rights                            No
                                                                              
                                                                            No 
                                                                              
Other (please specify):                                                       
                                                                              

 

3. Full name of person(s) subject to the notification      Gartmore Investment
obligation:                                                Limited            
                                                                              
                                                                              
                                                                              
4. Full name of shareholder(s):                            See attached       
                                                           schedule           
                                                                              
                                                                              
5. Date of the transaction and date on which the threshold 23 March 2010      
is crossed or reached:                                                        
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                          25 March 2010      
                                                                              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:            5%                 
                                                                              
                                                                              
                                                                              

 

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
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     
using         of        of        of shares rights           rights           
the ISIN CODE Shares    Voting                                                
                        Rights    Direct    Direct Indirect  Direct  Indirect 
                                                                              
GB00B0M8KM36                                                                  
              9,648,315 9,648,315 4,700,000        4,700,000         4.805%   
                                                                              
                                                                              

 

B: Qualifying Financial Instruments                                           
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of financial  Expiration  Exercise/   Number of voting       % of voting 
instrument         date        Conversion  rights that may be     rights      
                               Period      acquired if the                    
                                           instrument is                      
                                           exercised/ converted.              
                                                                              
                                                                              
                                                                              
N/A                                                                           
                                                                              

 

C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

Total (A+B+C)                                                                 
                                                                              
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
4,700,000                           4.805%                                    
                                                                              

 

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

 

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

 

13. Additional     All figures are based on the Company's issued share capital
information:       of 97,817,107 as provided by Exshare                       
                                                                              
                                                                              
                                                                              
                   Email contact: [e-mail]                            
                                                                              
                                                                              
                                                                              
14. Contact name:  RDU                                                        
                                                                              
                                                                              
                                                                              
15. Contact        0207 782 2324                                              
telephone number:                                                             
                                                                              
                                                                              
                                                                              

 

 

Annex Notification of Major Interests in Shares:

 

   Fund       No. of    Per   UK registered                                          
 managing     shares   cent.  owner              Beneficial owner                    
  company      held                                                                  
                                                                                     
                              HSBC Global        Gartmore Fund Managers Ltd A/c      
    GFM     2,169,229  2.218% Custody Nominee UK Gartmore UK & Irish Smaller         
                              Ltd                Companies                           
                                                                                     
                                                                                     
                                                                                     
    GIL     2,169,230  2.218% Nortrust Nominees  Strathclyde Pension Fund            
                              Ltd                                                    
                                                                                     
                                                                                     
                                                                                     
    GIL      361,541   0.370% Gartmore Growth    Gartmore Growth Opportunities plc   
                              Opportunities                                          
                                                                                     
                                                                                     
                                                                                     
   TOTAL    4,700,000  4.805%                                                        
                                                                                     

 

"GFM" Gartmore Fund Managers Limited

"GIL" Gartmore Investment Limited

 

 

Enquiries:                                                
                                                          
Software Radio Technology plc           [phone]
                                                          
Simon Tucker                  [e-mail]
                                                          
Group Managing Director                                   
                                                          
                                                          
                                                          
Westhouse Securities Limited          [phone]
                                                          
Tim Feather                                               
                                                          
Matthew Johnson