Notifiable Interest

India Outsourcing Services PLC 02 January 2008 India Outsourcing Services PLC ('the Company') Notifiable Interest A form TR-1 containing the following information has been received by the Company. 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: India Outsourcing Services PLC 2. Reason for the notification An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation: Deutsche Bank AG 4. Full name of shareholder(s) (if different from 3): 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 28/12/2007 6. Date on which issuer notified: 31/12/2007 7. Threshold(s) that is/are crossed or reached: 3-11% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to Resulting situation after the triggering transaction shares Triggering transaction Notification required under DTR transitional provision 7 if possible using ISIN CODE Number of Number of Number of Number of voting % of voting rights Shares Voting shares rights Rights Direct Direct Indirect Direct Indirect GB00B0YTNL47 N/A N/A 1,059,375 1,059,375 11.17 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ Number of voting % of voting rights instrument Conversion Period/ rights that may be Date acquired if the instrument is exercised/ converted Total (A+B) Number of voting rights % of voting rights 1,059,375 11.17% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 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: 14. Contact name: David Lindsay/Andrew Anderson 15. Contact telephone number: +00 44 207 545 8533/8532 This information is provided by RNS The company news service from the London Stock Exchange
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