Holding(s) in Company

+--------------------------------------------------+ | TR-1: Notifications of Major Interests in Shares | +--------------------------------------------------+ |  |  | |1. Identity of the issuer or the underlying |  | |issuer of existing shares to which voting |Blavod Wines & Spirits PLC | |rights are attached: | | +---------------------------------------------+--------------------------------+ |  | |2. Reason for notification (yes/no) | +------------------------------------------------------------------------+-----+ |  |Yes | |An acquisition or disposal of voting rights | | +------------------------------------------------------------------------+-----+ |  |No | |An acquisition or disposal of financial instruments which may result in | | |the acquisition of shares already issued to which voting rights are | | |attached | | +------------------------------------------------------------------------+-----+ |  |No | |An event changing the breakdown of voting rights | | +------------------------------------------------------------------------+-----+ |  |No | |Other (please specify):______________ | | +---------------------------------+--------------------------------------+-----+ |  |Redmayne Nominees Ltd a/c HOI2000R & | |3. Full name of person(s) subject|Redmayne Nominees | |to notification obligation: |Ltd a/c HOR2005P | +---------------------------------+--------------------------------------------+ |  |I P M SIPP Administration | |4. Full name of shareholder(s) |a/c  H Raymond | |(if different from 3): |& H Raymond (personal) | +---------------------------------+--------------------------------------------+ |  |22nd April 2010 | |5. Date of transaction (and date | | |on which the threshold is crossed| | |or reached if different): | | +---------------------------------+--------------------------------------------+ |  |22nd April 2010 | |6. Date on which issuer notified:| | +---------------------------------+--------------------------------------------+ |  |11.0% | |7. Threshold(s) that is/are | | |crossed or reached: | | +---------------------------------+--------------------------------------------+ +------------------------------------------------------------------------------+ |8: Notified Details | +------------------------------------------------------------------------------+ |A: Voting rights attached to shares | |  | +-------------+-------------------+--------------------------------------------+ |Class/type of|Situation previous |Resulting situation after the triggering | |shares |to the triggering |transaction | |If possible |transaction | | |use ISIN code+---------+---------+--------+-----------------+-----------------+ | |Number of|Number of|Number |Number of voting |Percentage of | | |shares |voting |of |rights |voting rights | | | |rights |shares +------+----------+------+----------+ | | | | |  |  |  |  | | | | | |Direct|Indirect |Direct|Indirect | +-------------+---------+---------+--------+------+----------+------+----------+ |  | |Ordinary Shares  8,780,000            10.00             6,150,000           | |9,780,000               0                      11.14                     0 | |Of 1p each | |  | |GB0030164023 | |  | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------------+ |B: Financial Instruments | |  | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | |  | +-------------+-------------+--------------+----------------------+------------+ |Type of |Expiration |Exercise/ |No. of voting rights |Percentage | |financial |date |conversion |that may be acquired |of voting | |instrument | |period/date |(if the instrument |rights | | | | |exercised/converted) | | +-------------+-------------+--------------+----------------------+------------+ |  |  |  |  |  | | | |  | | | +-------------+-------------+--------------+----------------------+------------+ +-------------------------------------------------------+ | Total (A+B) | |   | +-------------------------+-----------------------------+ | Number of voting rights | Percentage of voting rights | +-------------------------+-----------------------------+ | 9,780,000 |   11.14% | +-------------------------+-----------------------------+ +------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and /or | |the financial instruments are effectively held, if applicable: | +------------------------------------------------------------------------------+ |  | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------+ | Proxy Voting: | |   | +------------------------------------------------------------------+-----+ | 10. Name of 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 information:|Mr H Raymond's holding of 11.14% is split between | |  |5,550,000 held in SIPP & 4,230,000 personally | +---------------------------+--------------------------------------------------+ |14 Contact name: |Mr Richard Hoblyn, | |  |Redmayne-Bentley LLP | +---------------------------+--------------------------------------------------+ |15. Contact telephone name:|01689-882121 | |  | | +---------------------------+--------------------------------------------------+ [HUG#1406916]

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