Holding(s) in Company

For filings with the FSA include the                                           
annex                                                                          
                                                                               
For filings with issuer exclude the                                            
annex                                                                          
                                                                               
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                
                                                                               
1. Identity of the issuer or the                             MEDIAZEST PLC     
underlying issuer                                                              
of existing shares to which voting                                             
rights are                                                                     
attached: ii                                                                   
                                                                               
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 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                 SCHWECO NOMINEES LIMITED     
to the                                                                         
notification obligation: iii                                                   
                                                                               
4. Full name of shareholder(s)                                                 
(if different from 3.):iv                                                      
                                                                               
5. Date of the transaction and                                    11/04/11     
date on                                                                        
which the threshold is crossed or                                              
reached: v                                                                     
                                                                               
6. Date on which issuer notified:                                 21/04/11     
                                                                               
7. Threshold(s) that is/are                                         20.00%     
crossed or                                                                     
reached: vi, vii                                                               

5043704250437042

8. Notified details:                                                              
                                                                                  
A: Voting rights attached to shares viii, ix                                      
                                                                                  
Class/type   Situation previous    Resulting situation after the triggering       
of           to the triggering     transaction                                    
shares       transaction                                                          
                                                                                  
             Number    Number      Number    Number of voting  % of voting rights 
if possible  of        of          of shares rights            x                  
using        Shares    Voting                                                     
the ISIN               Rights      Direct    Direct   Indirect Direct   Indirect  
CODE                                         xi       xii                         
                                                                                  
GB00B064NT52                       47937042  47937042          19.35%             
                                                                                  
B: Qualifying Financial Instruments                                               
                                                                                  
Resulting situation after the triggering transaction                              
                                                                                  
Type of financial Expiration Exercise/           Number of voting  % of voting    
instrument        date xiii  Conversion Period   rights that may   rights         
                             xiv                 be                               
                                                 acquired if the                  
                                                 instrument is                    
                                                 exercised/                       
                                                 converted.                       
                                                                                  
C: Financial Instruments with similar economic effect to Qualifying Financial     
Instruments xv, xvi                                                               
                                                                                  
Resulting situation after the triggering transaction                              
                                                                                  
Type of       Exercise Expiration Exercise/  Number of voting    % of voting      
financial     price    date xvii  Conversion rights instrument   rights xix, xx   
instrument                        period     refers to                            
                                  xviii                                           
                                                                                  
                                                                 Nominal    Delta 
                                                                                  
Total (A+B+C)                                                                     
                                                                                  
Number of voting rights                 Percentage of voting rights               
                                                                                  
47937042                                19.35%                                    

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
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 NOMINEES HOLD15.7% on behalf of Mr
                                                                       N Slater
                                                                               
                                     and an add 3.6% on behalf of other clients
                                                                               
4. Contact name:                                                  ANDREW PETTER
                                                                               
15. Contact telephone number:                                     020 7490 5000

Note: Annex should only be submitted to the FSA not the issuer                 
                                                                               
Annex: Notification of major interests in sharesxxii                           
                                                                               
A: Identity of the persons or legal entity subject to the notification         
obligation                                                                     
                                                                               
Full name                                                                      
                                                                               
(including legal form of legal                                                 
entities)                                                                      
                                                                               
Contact address                                                                
                                                                               
(registered office for legal                                                   
entities)                                                                      
                                                                               
Phone number & email                                                           
                                                                               
Other useful information                                                       
                                                                               
(at least legal representative for                                             
legal persons)                                                                 
                                                                               
B: Identity of the notifier, if applicable                                     
                                                                               
Full name                                                                      
                                                                               
Contact address                                                                
                                                                               
Phone number & email                                                           
                                                                               
Other useful information                                                       
                                                                               
(e.g. functional relationship with                                             
the person or legal entity subject to                                          
the notification obligation)                                                   
                                                                               
C: Additional information                                                      
                                                                               
For notes on how to complete form TR-1 please see the FSA website.