| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Blavod Wines & Spirits PLC |
| 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 | No | |
| An event changing the breakdown of voting rights | No | |
| Other (please specify): | No | |
| 3. Full name of person(s) subject to the notification obligation: | Redmayne Nominees Ltd a/c HOI2000R & Redmayne Nominees Ltd a/c HOR2005P |
| 4. Full name of shareholder(s) (if different from 3.): | I P M SIPP Administration a/c H Raymond & H Raymond (personal) |
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 17th April 2012 |
| 6. Date on which issuer notified: | 18th April 2012 |
| 7. Threshold(s) that is/are crossed or reached: | 16.0% |
| 8. Notified details: | ||||||||
| A: Voting rights attached to shares | ||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | ||||
| Direct | Direct | Indirect | Direct | Indirect | ||||
| Ordinary Shares of 1p each | 13,290,000 | 15.14 | 14,050,000 | 14,050,000 | 0 | 16.00% | 0 | |
| GB0030164023 | ||||||||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 14,050,000 | 16.00% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| |
| 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: | Mr H Raymond's holding of 16.00% is Split between 6,290,000 held in SIPP & 7,760,000 personally |
| 14. Contact name: | Richard Hoblyn Redmayne-Bentley LLP |
| 15. Contact telephone number: | 01689-882121 |