Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             |
+----------------------------------------------+-------------------------------+
                                               |
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying   |                               |
|issuer                                        |  Blavod Wines & Spirits PLC   |
|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                      |    YES     |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of qualifying financial instruments   |            |
|which may result in the acquisition of shares already issued to  |     NO     |
|which voting rights are attached                                 |            |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of instruments with similar economic  |     NO     |
|effect to qualifying financial instruments                       |            |
+-----------------------------------------------------------------+------------+
|An event changing the breakdown of voting rights                 |     NO     |
+-----------------------+-----------------------------------------+------------+
|Other (please specify):|                                         |            |
+-----------------------+--------------+--------------------------+------------+
|3. Full name of person(s) subject to  |Redmayne Nominees Ltd a/c HOI2000R &   |
|the                                   |Redmayne Nominees                      |
|notification obligation:(iii)         |Ltd a/c HOR2005P                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |I P M SIPP Administration              |
| (if different from 3.):(iv)          |a/c  H Raymond                         |
|                                      |& H Raymond (personal)                 |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |14(th) June 2010                       |
|reached:(v)                           |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |14(th) June 2010                       |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|12.0%                                  |
|reached:(vi, vii)                     |                                       |
+-----------------------+--------------+-------+------------------+------------+




+------------------------------------------------------------------------------------+
|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           |                                                |
|            +----------+-----------+------------+-------------------+---------------+
|if possible |Number    |Number     |Number      |Number of voting   |% of  voting   |
|using       |of        |of         |of shares   |rights             |rights (x)     |
|the ISIN    |  ares    |V ting     +------------+----------+--------+------+--------+
|CODE        |          |Rights     |Direct      |Direct    |Indirect|Direct|Indirect|
+------------+----------+-----------+------------+----------+--------+------+--------+
|GB0030164023|          |           |            |          |        |      |        |
|            |10,530,000|           |50,000      |10,580,000|0       |12.00 |0       |
+------------+          |           |            |          |        |      |        |
|            |          |           |            |          |        |      |        |
+------------+----------+-----------+------------+----------+--------+------+--------+

+------------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                                 |
+------------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                                |
+--------------+----------+-----------------------+--------------------+-------------+
|Type of       |Expiration|Exercise/              |Number of voting    |% of voting  |
|financial     |date(xiii)|Conversion Period(xiv) |rights that may be  |rights       |
|instrument    |          |                       |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      |Conversion   |rights instrument   |rights (xix,  |
|instrument   |         |(xvii)    |period(xviii)|refers to           |xx)           |
|             |         |          |             |                    |              |
+-------------+---------+----------+-------------+--------------------+-------+------+
|             |         |          |             |                    |Nominal|Delta |
|             |         |          |             |                    +-------+------+
|             |         |          |             |                    |       |      |
+-------------+---------+----------+-------------+--------------------+-------+------+

+------------------------------------------------------------------------------------+
|Total (A+B+C)                                                                       |
+------------------------------------+-----------------------------------------------+
|Number of voting rights             |Percentage of voting rights                    |
+------------------------------------+-----------------------------------------------+
|10,580,000                          |12.00%                                         |
+------------+++--------+-+--------+++-----------++---------+--------+++----+-+------+




+------------------------------------------------------------------------------+
|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:                 |                            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:                                |                               |
+----------------------------------------------+-------------------------------+

+-----------------------------+------------------------------------------------+
|                             |Mr H Raymond's holding of 12.00% is split       |
|13. Additional information:  |between 5,550,000 held in SIPP & 5,030,000      |
|                             |personally                                      |
+-----------------------------+------------------------------------------------+
|14. Contact name:            |Mr Richard Hoblyn,                              |
|                             |Redmayne-Bentley LLP                            |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|01689-882121                                    |
+-----------------------------+------------------------------------------------+


[HUG#1423800]