Holding(s) in Company

Upstream Marketing and Comms Inc.
05 March 2008


                   Upstream Marketing and Communications Inc.

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which

Voting rights are attached (ii):

Upstream Marketing & Communications Inc.

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: (Yes)

An acquisition or disposal of financial instruments which may result in the

Acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify): ( )

3. Full name of person(s) subject to the notification obligation (iii):

Corvus Capital Inc.

4. Full name of shareholder(s) (if different from 3.) (iv):

Corvus Capital Inc.

5. Date of the transaction (and date on which the threshold is crossed or

Reached if different) (v):

27 February 2008

6. Date on which issuer notified:

28 February 2008

7. Threshold(s) that is/are crossed or reached:

8.31% to 0.0%

8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous to  Resulting situation after the triggering
of Shares    the Triggering         transaction (vii)
if possible  transaction (vi)
using the 
ISIN CODE    Number of  Number of   Number of  Number of voting  % of voting
             Shares     voting      shares     rights (ix)       rights
                        Rights 
                        (viii)      Direct     Direct  Indirect  Direct Indirect
                                               (x)     (xi)
Ordinary     11,108,332 11,108,332  0          0       0         0%     0%
KYG7393S1012

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of        Expiration      Exercise/        Number of voting     % of voting
Financial      date (xiii)     Conversion       rights that may      rights
Instrument                     Period/ Date     be Acquired if
                               (xiv)            the Instrument
                                                is Exercised/
                                                Converted.
N/A

Total (A+B)

Number of voting rights      % of voting rights

0                            0%

9. Chain of controlled undertakings through which the voting rights and/or the
Financial instruments are effectively held, if applicable (xv):

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

14. Contact name:

N/A

15. Contact telephone number:

N/A


END




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