23 January 2009
Intec Telecom Systems PLC
Announcement made in accordance with FSA requirements on shares pledged as security
GapStar LLC, an entity in the General Atlantic private equity group, has declared that its 1,044,147 shares in Intec Telecom Systems PLC ("Intec") are pledged to a financial institution. These pledged shares represent 0.34% of Intec's issued share capital. The General Atlantic private equity group owns 77,317,947 shares in Intec Telecom Systems PLC ("Intec"), representing 25.27% of Intec's issued share capital. Rene Kern, a Non-Executive Director of Intec, does not personally own or control any Intec shares but, due to his management responsibilities at General Atlantic, has notified this disclosure as a connected person.
Name of contact and telephone number for queries:
Garth Kerr,
Company Secretary
UK 01483 745800
Overseas +44 1483 745800