Holding(s) in Company

+--------------------------------------------------+
| TR-1: Notifications of Major Interests in Shares |
+--------------------------------------------------+

|                                             |                                |
|1. Identity of the issuer or the underlying  |                                |
|issuer of existing shares to which voting    |Blavod Wines & Spirits PLC      |
|rights are attached:                         |                                |
+---------------------------------------------+--------------------------------+
|                                                                              |
|2. Reason for notification (yes/no)                                           |
+------------------------------------------------------------------------+-----+
|                                                                        |Yes  |
|An acquisition or disposal of voting rights                             |     |
+------------------------------------------------------------------------+-----+
|                                                                        |No   |
|An acquisition or disposal of financial instruments which may result in |     |
|the acquisition of shares already issued to which voting rights are     |     |
|attached                                                                |     |
+------------------------------------------------------------------------+-----+
|                                                                        |No   |
|An event changing the breakdown of voting rights                        |     |
+------------------------------------------------------------------------+-----+
|                                                                        |No   |
|Other (please specify):______________                                   |     |
+---------------------------------+--------------------------------------+-----+
|                                 |Redmayne Nominees Ltd a/c HOI2000R &        |
|3. Full name of person(s) subject|Redmayne Nominees                           |
|to notification obligation:      |Ltd a/c HOR2005P                            |
+---------------------------------+--------------------------------------------+
|                                 |I P M SIPP Administration                   |
|4. Full name of shareholder(s)   |a/c  H Raymond                              |
|(if different from 3):           |& H Raymond (personal)                      |
+---------------------------------+--------------------------------------------+
|                                 |14(th) June 2010                            |
|5. Date of transaction (and date |                                            |
|on which the threshold is crossed|                                            |
|or reached if different):        |                                            |
+---------------------------------+--------------------------------------------+
|                                 |14(th) June 2010                            |
|6. Date on which issuer notified:|                                            |
+---------------------------------+--------------------------------------------+
|                                 |12.0%                                       |
|7. Threshold(s) that is/are      |                                            |
|crossed or reached:              |                                            |
+---------------------------------+-----------+--------------------------+-----+

+-------------------------------------------------------------------------------+
|8: Notified Details                                                            |
+-------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                            |
|                                                                               |
+----------+-------------+------------------------------------------------------+
|Class/type|Situation    |Resulting situation after the triggering transaction  |
|of shares |previous to  |                                                      |
|If        |the          |                                                      |
|possible  |triggering   |                                                      |
|use ISIN  |transaction  |                                                      |
|code      +------+------+------+---------------+-------------------------------+
|          |Number|Number|Number|Number of      |Percentage of voting rights    |
|          |of    |of    |of    |voting rights  |                               |
|          |shares|voting|shares+------+--------+------+------------------------+
|          |      |rights|      |      |        |      |                        |
|          |      |      |      |Direct|Indirect|Direct|Indirect                |
+----------+------+------+------+------+--------+------+------------------------+
|                                                                               |
|Ordinary Shares                                                                |
|Of 1p each      9,780,000                                                      |
|11.14             10,580,000    10,580,000       0             12.05          0|
|                                                                               |
|GB0030164023                                                                   |
|                                                                               |
+----------+------+------+------+------+--------+------+------------------------+


+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
|                                                                              |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                          |
|                                                                              |
+-------------+-------------+--------------+----------------------+------------+
|Type of      |Expiration   |Exercise/     |No. of voting rights  |Percentage  |
|financial    |date         |conversion    |that may be acquired  |of voting   |
|instrument   |             |period/date   |(if the instrument    |rights      |
|             |             |              |exercised/converted)  |            |
+-------------+-------------+--------------+----------------------+------------+
|             |             |              |                      |            |
|             |             |              |                      |            |
+-------------+-------------+--------------+----------------------+------------+


+-------------------------------------------------------+
| Total (A+B)                                           |
|                                                       |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| 10,580,000              |   12.05%                    |
+-------------------------+-----------------------------+

+------------------------------------------------------------------------------+
|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 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:|Mr H Raymond's holding of 12.05% is split between |
|                           |5,550,000 held in SIPP & 5,030,000 personally     |
+---------------------------+--------------------------------------------------+
|14 Contact name:           |Mr Richard Hoblyn,                                |
|                           |Redmayne-Bentley LLP                              |
+---------------------------+--------------------------------------------------+
|15. Contact telephone name:|01689-882121                                      |
|                           |                                                  |
+---------------------------+--------------------------------------------------+


[HUG#1424685]