Holding(s) in Company

+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+

+---------------------------------------------------+--------------------------+
|1. Identity of the issuer or the underlying issuer |                          |
|of existing shares to which voting rights are      |Blavod Wines & Spirits PLC|
|attached:                                          |                          |
+---------------------------------------------------+--------------------------+

+------------------------------------------------------------------------------+
|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 which voting rights |   |
|are attached                                                              |No |
+--------------------------------------------------------------------------+---+
|                                                                          |   |
|An event changing the breakdown of voting rights                          |No |
+--------------------------------------------------------------------------+---+
|                                                                          |   |
|Other (please specify):                                                   |No |
+--------------------------------------------------------------------------+---+

+---------------------------------------+--------------------------------------+
|3. Full name of person(s) subject to   |Redmayne Nominees Ltd a/c HOI2000R &  |
|the notification obligation:           |Redmayne Nominees                     |
|                                       |Ltd a/c HOR2005P                      |
+---------------------------------------+--------------------------------------+
|4. Full name of shareholder(s) (if     |I P M SIPP Administration             |
|different from 3.):                    |a/c  H Raymond                        |
|                                       |& H Raymond (personal)                |
+---------------------------------------+--------------------------------------+
|5. Date of the transaction and date on |                                      |
|which the threshold is crossed or      |21st September 2011                   |
|reached:                               |                                      |
|                                       |                                      |
+---------------------------------------+--------------------------------------+
|6. Date on which issuer notified:      |                                      |
|                                       |21st September 2011                   |
+---------------------------------------+--------------------------------------+
|7. Threshold(s) that is/are crossed or |                                      |
|reached:                               |15.0%                                 |
|                                       |                                      |
+---------------------------------------+--------------------------------------+

+------------------------------------------------------------------------------+
|8. Notified details:                                                          |
+------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                           |
|                                                                              |
+-------------+---------------------+------------------------------------------+
|Class/type of|Situation previous   |Resulting situation after the triggering  |
|shares       |to the triggering    |transaction                               |
|             |transaction          |                                          |
|if possible  +----------+----------+----------+---------------+---------------+
|using        |Number    |Number    |Number    |Number of      |% of  voting   |
|the ISIN CODE|of        |of        |of shares |voting         |rights         |
|             |Shares    |Voting    |          |rights         |               |
|             |          |Rights    +----------+------+--------+------+--------+
|             |          |          |Direct    |Direct|Indirect|Direct|Indirect|
+-------------+----------+----------+----------+------+---+----+------+--------+
|  Ordinary   |          |          |          |          |    |      |        |
|Shares of 1p |          |          |          |          |    |      |        |
|    each     |12,290,000|12,290,000|13,290,000|13,290,000| 0  |15.14%|   0    |
|             |          |          |          |          |    |      |        |
| GB0030164023|          |          |          |          |    |      |        |
|             |          |          |          |          |    |      |        |
+-------------+----------+----------+----------+----------+----+------+--------+

+-------------------------------------------------------------------------+
|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.|           |
|                 |          |          |                     |           |
+-----------------+----------+----------+---------------------+-----------+
|                 |          |          |                     |           |
+-----------------+----------+----------+---------------------+-----------+

+-------------------------------------------------------+
| Total (A+B+C)                                         |
|                                                       |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| 13,290,000              | 15.14%                      |
+-------------------------+-----------------------------+

+------------------------------------------------------------------------------+
|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:                                    | 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 15.14% is  |
|                               | Split between 6,290,000 held in SIPP |
|                               | & 7,000,000 personally               |
+-------------------------------+--------------------------------------+
| 14. Contact name:             |                                      |
|                               | Richard Hoblyn Redmayne-Bentley LLP  |
+-------------------------------+--------------------------------------+
| 15. Contact telephone number: |                                      |
|                               | 01689-882121                         |
+-------------------------------+--------------------------------------+







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Source: Blavod Wines & Spirits plc via Thomson Reuters ONE

[HUG#1548666]