Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

1. Identity of the issuer or the underlying issuer of existing       MediaZest
shares to which voting rights are attached:                          Plc      
                                                                              

 

2 Reason for the notification (please tick the appropriate box or boxes):     
                                                                              
                                                                              
                                                                              
An acquisition or disposal of voting rights                                   
                                                                              
                                                                              
                                                                              
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):                                   Placing            X
                                                                              

 

3. Full name of person(s) subject to the notification          Schweco        
obligation:                                                    Nominees Ltd   
                                                                              
                                                                              
                                                                              
4. Full name of shareholder(s) (if different from 3.):                        
                                                                              
                                                                              
                                                                              
5. Date of the transaction and date on which the threshold is  23/2/2010      
crossed or reached:                                                           
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                              23/2/2010      
                                                                              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:                10%            
                                                                              
                                                                              
                                                                              


 

8. Notified details:                                                             
                                                                                 
A: Voting rights attached to shares                                              
                                                                                 
                                                                                 
                                                                                 
Class/type   Situation previous    Resulting situation after the triggering      
of           to the triggering     transaction                                   
shares       transaction                                                         
                                                                                 
                                                                                 
if possible  Number     Number     Number     Number of voting    % of  voting   
using        of         of         of shares  rights              rights         
the ISIN     Shares     Voting                                                   
CODE                    Rights                                                   
                                   Direct     Direct     Indirect Direct Indirect
                                                                                 
                                                                                 
GB00B064NT52                                                                     
             12,372,942 12,372,942 18,372,942 18,372,942          10.96%         
                                                                                 
                                                                                 

 

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

 

C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

Total (A+B+C)                                                                 
                                                                              
                                                                              
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
18,372,942                          10.96%                                    
                                                                              

 

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 the proxy holder:                                                 
                                                                              
                                                                              
                                                                              
11. Number of voting rights proxy holder will cease to hold:                  
                                                                              
                                                                              
                                                                              
12. Date on which proxy holder will cease to hold voting rights:              
                                                                              
                                                                              
                                                                              

 

13. Additional information:  Schweco holds these shares on behalf of Mr N     
                             Slater                                           
                                                                              
                                                                              
14. Contact name:            Andrew Petter                                    
                                                                              
                                                                              
                                                                              
15. Contact telephone        [phone]                                    
number: