Holding(s) in Company

Velosi Limited
16 March 2007


16 March 2007

                         Velosi Limited (the 'Company')

                             Holding(s) in Company

The Company was notified on 8 March 2007 by AXA Investment Managers UK Ltd that
AXA S.A. is non-beneficially interested in 3,071,700 ordinary shares of US$0.02
each in the Company ('Ordinary Shares'), representing 8.05 per cent. of the
issued Ordinary Share capital of the Company.

The Ordinary Shares are held as follows:

Name of the Company/Fund                            Number of        % of issued
                                              Ordinary Shares     ordinary share
                                                         held            capital
AXA Framlington
Xerox Final Salary Pension Scheme
(Indirect)                                            516,700               1.35

AXA Framlington
Islington Group Pension Scheme
(Indirect)                                            300,000               0.79

AXA Framlington
SEI UK Equity
(Indirect)                                            275,000               0.72

AXA Framlington
Throgmorton Trust
(Indirect)                                          1,170,000               3.07

AXA Framlington
UK Smaller Companies
(Indirect)                                            810,000               2.12






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