Notification of Major Interest in Shares

+------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | +----------------------------------------------+-------------------------------+   | +----------------------------------------------+-------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | INTEC TELECOM SYSTEMS PLC | |of existing shares to which voting rights are | (ISIN GB0006725062) | |attached:(ii) | | +----------------------------------------------+-------------------------------+ |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 | | +-----------------------------------------------------------------+------------+ |An acquisition or disposal of instruments with similar economic |   | |effect to qualifying financial instruments | | +-----------------------------------------------------------------+------------+ |An event changing the breakdown of voting rights |   | +-----------------------+-----------------------------------------+------------+ |Other (please specify):|  |   | +-----------------------+--------------+--------------------------+------------+ |3. Full name of person(s) subject to | | |the | ING Bank NV | |notification obligation:(iii) | | +--------------------------------------+---------------------------------------+ |4. Full name of shareholder(s) |  | | (if different from 3.):(iv) |  | | | N/A | +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on| | |which the threshold is crossed or | 28(th) October 2010 | |reached:(v) | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: | 29(th) October 2010 | +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or| Increase over 3% | |reached:(vi, vii) | | +--------------------------------------+---------------------------------------+ |8. Notified details: | Increase over 3% | +-----------------------+--------------+-------+------------------+------------+ +------------------------------------------------------------------------------+ |A: Voting rights attached to shares (viii, ix) | +------------+---------------+-------------------------------------------------+ |Class/type |Situation |Resulting situation after the triggering | |of |previous |transaction | |shares |to the | | | |triggering | | |if possible |transaction | | |using +-------+-------+----------+---------------------+----------------+ |the ISIN |Number |Number |Number |Number of voting |% of  voting | |CODE |of |of |of shares |rights |rights (x) | | | hares |Voti g +----------+-----------+---------+------+---------+ | | |Rights |  |Direct (xi)|Indirect |Direct|Indirect | | | | | | |(xii) | | | +------------+-------+-------+----------+-----------+---------+------+---------+ | | | |  |   |  |   |   | |Ordinary |Below |Below |10,000,000|   |  |   |   | |shares |3% |3% |  |10,000,000 |0 |3.17% | 0 | | | | | | |   |   |   | +------------+-------+-------+----------+-----------+---------+------+---------+ +------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +-------------+-----------+---------------+--------------------+---------------+ |Type of |Expiration |Exercise/ |Number of voting |% of voting | |financial |date(xiii) |Conversion |rights that may be |rights | |instrument | |Period(xiv) |acquired if the | | | | | |instrument is | | | | | |exercised/ | | | | | |converted. | | +-------------+-----------+---------------+--------------------+---------------+ |N/A |N/A |N/A |N/A |N/A | +-------------+-----------+---------------+--------------------+---------------+ +------------------------------------------------------------------------------+ |Total (A+B+C) | +-----------------------------+------------------------------------------------+ |Number of voting rights |Percentage of voting rights | +-----------------------------+------------------------------------------------+ |   |   | |10,000,000 |3.17 | |  |   | +------------++------+----+--++---------+-+---------+---------++-----+---------+ +--------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or| |the | |financial instruments are effectively held, if applicable:(xxi) | +--------------------------------------------------------------------------+ |  | |N/A | +--------------------------------------------------------------------------+ +--------------------------------------------------------------------------+ |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: | | +-----------------------------+--------------------------------------------+ |14. Contact name: |Angela Ulyatt | +-----------------------------+--------------------------------------------+ |15. Contact telephone number:|020 7767 6340 | +-----------------------------+-------------------+------------------------+ [HUG#1457169] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Intec Telecom Systems Plc via Thomson Reuters ONE
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