Holding(s) in Company

Sarantel Group PLC
15 March 2007

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):



Sarantel Group Plc



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



An acquisition or disposal of voting rights: ()



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) : (Yes - Transitional notification of major holding)



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



Advanced AIM Value Realisation Company Limited



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



Nortrust Nominees Limited



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

reached if different) (v):



n/a



6. Date on which issuer notified:



14 March 2007



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



3 %



8. Notified details:



9. Chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held, if applicable (xv):



None



Proxy Voting:



10. Name of the proxy holder:



n/a



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:



Progressive AIM Realisation Limited is investment manager to Advance AIM Value
Realisation Company Limited.



14. Contact name:



Anthony Lee (UK Administration Agent)



15. Contact telephone number:



020 7490 4355



Annex to Notification Of Major Interests In Shares (xvi)



A: Voting rights attached to shares


Class/type of shares Situation previous to the Resulting situation after the triggering transaction (vii)
if possible using    Triggering transaction
the ISIN CODE        (vi)
                     Number of    Number of    Number of    Number of voting      %  % of voting rights
                     shares       voting       shares       of voting (ix)
                                  Rights



                                        (viii)
                                               Direct       Direct (x)  Indirect     Direct     Indirect
                                                                        (xi)
Ordinary             2,121,339    2,121,339    2,121,339    2,121,339   Nil          3.93%
GB00B065J785



B: Financial Instruments



Resulting situation after the triggering transaction (xii)


Type of financial    Expiration date      Exercise/ Conversion Number of voting      % of voting rights
instrument           (xiii)               Period/ Date (xiv)   rights that may be
                                                               acquired if the
                                                               instrument is
                                                               exercised/ converted.
N/a



Total (A+B)


Number of voting rights                              % of voting rights
2,121,339                                            3.93%




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