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Iona Tech. PLC (IRS) (IOND)

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Tuesday 22 April, 2008

Iona Tech. PLC (IRS)

Holding in Company

Iona Technologies PLC (IRS)
22 April 2008

notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing            IONA TECHNOLOGIES PLC
shares to which voting rights are attached:
2. Reason for the notification     (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights                                                       X
An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): Exemption Trading Book DTR 5.1.3 (4)                                      X
3. Full name of person(s) subject to the notification                 The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3.):

                                                                           Goldman, Sachs & Co

5. Date of the transaction (and date on which the threshold is                18 APRIL 2008
crossed or reached if different):
6. Date on which issuer notified:                                             22 APRIL 2008
7. Threshold(s) that is/are crossed or reached:                                    13%
8. Notified details:

A: Voting rights attached to shares
Class/type of    Situation previous to   Resulting situation after the triggering transaction
shares           the Triggering
 if possible     Number of    Number of  Number of    Number of voting rights ix  % of voting rights
using the ISIN   Shares       Voting     shares
CODE                          Rights
                              viii          Direct     Direct  x    Indirect xi      Direct       Indirect

  US46206P1093    5,364,504     14.69%                               4,726,362                     12.94%
                  (5,364,504                                         (4,726,362
                    ADRs)                                              ADRs)

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

Total (A+B)
Number of voting rights                            % of voting rights
                    4,726,362                                              12.94%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:
The interest in 4,726,362 shares arose from an interest held by Goldman, Sachs & Co., a wholly-owned direct subsidiary
of GS Inc, acting as custodian for its customers of  4,726,362 American Depositary Receipts ("ADRs"). These ADRs are,
or will be, held at the Depositary Trust Company of New York ("DTC").

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 information:                  General email contact:

14. Contact name:                            Sean Rogers / Alan Cox
15. Contact telephone number:                0207-552-9205 / 0207-774 -8774

This announcement has been issued through the Companies Announcement Service of

                            The Irish Stock Exchange

                      This information is provided by RNS
            The company news service from the London Stock Exchange