Notification of major interest in shares

For filings with the FSA include the | annex | ----------------------------------------+--------------------------------------- For filings with issuer exclude the | annex | ----------------------------------------+--------------------------------------- +------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) | +---------------------------------------------+--------------------------------+   | +---------------------------------------------+--------------------------------+ |1. Identity of the issuer or the underlying |INTEC TELECOM SYSTEMS | |issuer | | |of existing shares to which voting rights are| | |attached:(ii) | | +---------------------------------------------+--------------------------------+ |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 | | +-------------------------------------------------------------------+----------+ |An acquisition or disposal of instruments with similar economic |   | |effect to qualifying financial instruments | | +-------------------------------------------------------------------+----------+ |An event changing the breakdown of voting rights |  | +-----------------------+-------------------------------------------+----------+ |Other (please specify):|  |   | +-----------------------+--------------+----------------------------+----------+ |3. Full name of person(s) subject to |Artemis Investment Management LLP | |the | | |notification obligation:(iii) | | +--------------------------------------+---------------------------------------+ | |Witan Investment Trust | | |L&G(Barclays) Series2 MM Alpha Fund | | |L&G(Barclays) MM Alpha Fund | | |Barclays UK Alpha | | |BAE Systems Pension Funds CIF Trustees | |4. Full name of shareholder(s) |Limited | | (if different from 3.):(iv) |BAE Systems 2000 Pension Plan Trustees | | |Limited | | |Akzo Nobel Pension Scheme | | |Pearson | | |Alpha Securities Trading Limited | | |Artemis UK Special Situations Fund | +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on|03 November 2010 | |which the threshold is crossed or | | |reached: v | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: |04 November 2010 | +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or|5% | |reached:(vi, vii) | | +-----------------------+--------------++-----+---------------------+----------+ +------------------------------------------------------------------------------------+ |8. Notified details: | +------------------------------------------------------------------------------------+ |A: Voting rights attached to shares (viii, ix) | +------------+----------------------+------------------------------------------------+ |Class/type |Situation previous |Resulting situation after the triggering | |of |to the triggering |transaction | |shares |transaction | | | +----------+-----------+-------------+------------------+---------------+ |if possible |Number |Number |Number |Number of voting |% of  voting | |using |of |of |of shares |rights |rights (x) | |the ISIN | ares |V ting +-------------+---------+--------+------+--------+ |CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect| | | | | |(xi) |(xii) | | | +------------+----------+-----------+-------------+---------+--------+------+--------+ |GB0006725062|19,370,386|19,370,386 |9,136,091 |9,136,091| |2.90% | | +------------+ | | | |  | |  | |  | | | | | | | | +------------+----------+-----------+-------------+---------+--------+------+--------+ +------------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +------------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +--------------+----------+------------------------+-------------------+-------------+ |Type of |Expiration|Exercise/ |Number of voting |% of voting | |financial |date(xiii)|Conversion Period(xiv) |rights that may be |rights | |instrument | | |acquired if the | | | | | |instrument is | | | | | |exercised/ | | | | | |converted. | | +--------------+----------+------------------------+-------------------+-------------+ |  |  |  |  |  | +--------------+----------+------------------------+-------------------+-------------+ +------------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments (xv, xvi) | +------------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +-------------+---------+----------+-------------+--------------------+--------------+ |Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting | |financial |price |date |Conversion |rights instrument |rights (xix, | |instrument | |(xvii) |period(xviii)|refers to |xx) | | | | | |  |  | +-------------+---------+----------+-------------+--------------------+-------+------+ | | | | |  |Nominal|Delta | |  |  |  |  |  +-------+------+ | | | | | |  |  | +-------------+---------+----------+-------------+--------------------+-------+------+ +------------------------------------------------------------------------------------+ |Total (A+B+C) | +------------------------------------+-----------------------------------------------+ |Number of voting rights |Percentage of voting rights | +------------------------------------+-----------------------------------------------+ |9,136,091 |2.90% | +------------+++--------+-+--------+++-----------+++--------+--------+++----+-+------+ +--------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or| |the | |financial instruments are effectively held, if applicable:(xxi) | +--------------------------------------------------------------------------+ |  | |  | +--------------------------------------------------------------------------+ +--------------------------------------------------------------------------+ |Proxy Voting: | +-------------------------------------------------+------------------------+ |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: |Neil Buckley | +-----------------------------+--------------------------------------------+ |15. Contact telephone number:|0131 718 0411 | +-----------------------------+-------------------+------------------------+ [HUG#1459038] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Intec Telecom Systems Plc via Thomson Reuters ONE
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