Significant Shareholding

For immediate release 6 February 2006

                            Adeste Investments Plc                             

                          ('Adeste' or 'the Company')                          

                           Significant Shareholding                            

The Company were informed today that at the close of business on 1 February
2006, Lehmann Brothers International (Europe) had an interest in 5,555,555
ordinary shares of Adeste Investments Plc (the 'Company'). This represents a
holding of 7.71% of the Company's issued share capital

For further information:

Adeste Investments Plc                                                         
                                                                               
Richard Causton, Company Secretary                           Tel: [phone]

Beaumont Cornish Limited                                                       
                                                                               
Nominated Adviser                                            Tel: [phone]
                                                                               
Roland Cornish /Felicity Geidt