Notification of Major Interests in Shares

+------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) | +----------------------------------------------+-------------------------------+   | +----------------------------------------------+-------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | INTEC TELECOM SYSTEMS PLC | |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 | X | +-----------------------------------------------------------------+------------+ |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 | Morgan Stanley | |the | (Institutional Securities Group and | |notification obligation:(iii) | Global Wealth Management) | +--------------------------------------+---------------------------------------+ |4. Full name of shareholder(s) |   | | (if different from 3.):(iv) | | +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on| | |which the threshold is crossed or | 08.11.2010 | |reached:(v) | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: | 10.11.2010 | +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or| 6% | |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 | ting +----------+----------+--------+------+--------+ |CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect| | | | | |(xi) |(xii) | | | +------------+----------+------------+----------+----------+--------+------+--------+ | | | | | | | | | | | | | | | | | | |GB0006725062|16,501,537| 16,501,537 |18,937,791|18,937,791|   |6.01% |   | +------------+ | | | | | | | |  | | | | | | | | +------------+----------+------------+----------+----------+--------+------+--------+ +-----------------------------------------------------------------------------------+ |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 | +-------------------------------------+---------------------------------------------+ | 18,937,791 | 6.01% | +-------------------------------------+---------------------------------------------+ +------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or the| |financial instruments are effectively held, if applicable:(xxi) | +------------------------------------------------------------------------------+ |  | | | |Morgan Stanley Securities Ltd                                 | |        18,937,791                                      6.01% | | | |  | | | |  | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------------+ |Proxy Voting: | +-----------------------------+------------------------------------------------+ |10. Name of the proxy holder:| N/A | +-----------------------------+------------------------------------------------+ |11. Number of voting rights | | |proxy holder will cease | N/A | |to hold: | | +-----------------------------+------------------------------------------------+ |12. Date on which proxy | | |holder will cease to hold | N/A | |voting rights: | | +-----------------------------+------------------------------------------------+ +--------------------+---------------------------------------------------------+ | | | |13. Additional | | |information: | | +--------------------+---------------------------------------------------------+ |14. Contact name: |David Lindsay | +--------------------+---------------------------------------------------------+ |15. Contact |020 7677 5468 | |telephone number: | | +--------------------+---------------------------------------------------------+ [HUG#1461088] 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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