Holding(s) in Company

Intec Telecom Systems PLC 26 September 2003 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) NAME OF COMPANY INTEC TELECOM SYSTEMS PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST GENERAL ATLANTIC 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. AS BELOW 5) Number of shares/amount of stock acquired. 8,251,114 6) Percentage of issued Class 4.08% 7) Number of shares/amount of stock disposed NIL 8) Percentage of issued Class N/A 9) Class of security ORDINARY ONE PENCE SHARES 10) Date of transaction NEW SHARES ADMITTED FOR TRADING 16 SEPTEMBER 2003 11) Date company informed 18 SEPTEMBER 2003 12) Total holding following this notification 4.08% 13) Total percentage holding of issued class following this notification 4.08% 14) Any additional information FOLLOWING ISSUE OF NEW SHARES AS CONSIDERATION FOR THE ACQUISITION OF DIGIQUANT A/S 15) Name of contact and telephone number for queries JEAN B. STRUDLEY 16) Name and signature of authorised company official responsible for making this notification JEAN B. STRUDLEY, COMPANY SECRETARY Date of Notification 26 SEPTEMBER 2003 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. Letter to Intec Telecom Systems plc Dated 18 September 2003 In accordance with the Companies Act 1985 (ss 198-220), please be advised that pursuant to the Share Acquisition Agreement, dated 10 September 2003, by and among Intec Telecom Systems plc ("Intec"), Digiquant A/S ("Digiquant") and certain shareholders of Digiquant, the related entities listed below acquired on 17 September 2003 ordinary shares of Intec in the amounts listed below, representing in the aggregate in excess of 3% of the issued share capital of Intec. General Atlantic Partners 60, L.P, 94,492 ordinary shares GAP Coinvestment Partners II, L.P. 1,280,508 ordinary shares General Atlantic Partners (Bermuda), L.P. 6,695,304 ordinary shares GapStar, LLC 180,810 ordinary shares From: General Atlantic This information is provided by RNS The company news service from the London Stock Exchange
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