Holding(s) in Company

Bango PLC
27 March 2007



                                                                    

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


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

BANGO PLC


2. Reason for the notification (please state Yes/No): (   )

An acquisition or disposal of voting rights:                               (   )

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) :  FINAL DEADLINE RE: DTR5                          ( X )


 
3. Full name of person(s) subject to the notification obligation:

HERALD INVESTMENT MANAGEMENT LIMITED
 

4. Full name of shareholder(s) (if different from 3.):

NOT NEEDED
 

5. Date of the transaction and date on which the threshold is crossed or reached
if different):

N/A SEE OTHER ABOVE
 

6. Date on which issuer notified:

20TH MARCH 2007
 

7. Threshold(s) that is/are crossed or reached:

15%
 

8. Notified details:


 


A: Voting rights attached to shares

 
Class/type of shares            Situation previous to  
if possible using the           the Triggering         
ISIN CODE                       transaction        
                       Number of shares       Number of voting Rights 


GB00B0BRN552         4,097,210                4,097,210
                     (15.26%)                 (15.26%)
 

                     Resulting situation after the triggering transaction 
 
Class/type of shares Number of shares  Number of voting rights    % of voting rights  
if possible using                                                                 
the ISIN CODE                                                                         
                     Direct            Direct     Indirect        Direct    Indirect  

                                                  4,097,210                 15.26%
 

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting     
financial                    Period/ Date        rights that may be   rights          
instrument                                       acquired if the                      
                                                 instrument is                        
                                                 exercised/                           
                                                 converted.                           

 

Total (A+B)
Number of voting rights       % of voting rights 


4,097,210                     15.26% 


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

Herald Investment Management Limited, a discretionary investment manager, is the
parent undertaking of an investment management business.

Legal Vehicle                             Voting Rights       Percentage held

Herald Ventures Limited Partnership           1,570,670                 5.85%
Herald Ventures Limited Partnership II          698,080                 2.60%
Herald Ventures Limited Partnership III         558,460                 2.08%
Herald Investment Trust (in the name of       1,270,000                 4.73%
Bank of New York (OCS Nominees Limited)
Total for Funds under the management of       4,097,210                15.26%
Herald Investment Management Limited   

 


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:


 

14. Contact name:

ANDREW MILLER
 

15. Contact telephone number:

020 7553 6308


 
Annex Notification Of Major Interests In Shares 
 

A: Identity of the person or legal entity subject to the notification obligation
 

Full name (including legal form for legal entities):

HERALD INVESTMENT MANAGEMENT LIMITED

Contact address (registered office for legal entities):

10/11 CHARTERHOUSE SQUARE
LONDON EC1M 6EE
 

Phone number:

020 7553 6308 

Other useful information (at least legal representative for legal persons):

ANDREW MILLER 

B: Identity of the notifier, if applicable

 

Full name:

 
SEE ABOVE


Contact address:

 

Phone number:

 

Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

 

C: Additional information :

 



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