Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

CINEWORLD GROUP PLC

2. Reason for the notification                                  State Yes/No   
                                                                               
An acquisition or disposal of voting rights                         Yes        
                                                                               
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):                                                        

3. Full name of person(s) subject to the notification           Ratio Asset    
obligation (iii):                                             Management LLP   
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv): The Ratio European 
                                                              Fund, The Ratio  
                                                            Value Fund and MAC 
                                                               Lochsong 19A    
                                                                  Limited      
                                                                               
5. Date of the transaction (and date on which the threshold  18 September 2008 
is crossed or reached if different) (v):                                       
                                                                               
6. Date on which issuer notified:                            22 September 2008 
                                                                               
7. Threshold(s) that is/are crossed or reached:                     5%         
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

 Class/type of       Situation       Resulting situation after the triggering   
   shares if      previous to the                transaction (vii)              
 possible using     Triggering                                                  
 the ISIN CODE   transaction (vi)                                               
                                                                                
                  Number   Number  Number of  Number of voting     % of voting  
                    of       of     shares       rights (ix)         rights     
                  Shares   Voting                                               
                           Rights                                               
                           (viii)                                               
                                                                                
                                    Direct    Direct   Indirect  Direct Indirect
                                                (x)      (xi)                   
                                                                                
  GB00B15FWH70      0              7,508,601           7,508,601          5.3%  
                                                                                

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

  Type of     Expiration      Exercise/       Number of voting     % of voting 
 financial   date (xiii)  Conversion Period  rights that may be      rights    
 instrument                 / Date (xiv)       acquired if the                 
                                                instrument is                  
                                             exercised/converted               

Total (A+B)                                                                    
                                                                               
Number of voting rights            % of voting rights                          
                                                                               
7,508,601                          5.3%                                        

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

Ratio Asset Management LLP is an investment company which controls the 3 funds 
listed on question 4.                                                          

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:                                                              
                                                                               
15. Contact telephone number: