AVN.L Regulatory News (AVN)

Date: 26 November 2010

On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")

Avanti Communications Group plc

Holdings in Company

Avanti Communications Group Plc (AIM: AVN), the broadband satellite operator, announces that it has today received notification from AEGON Asset Management UK plc that it now holds 4,097,184 ordinary shares in Avanti Communications, being approximately 5.11% of the issued ordinary share capital of the Company.

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For further information please contact:

Avanti Communications Group Plc Tel: +44 (0) 20 7749 1600

David Williams

Cenkos Securities Tel: +44 (0) 20 7397 8900

Julian Morse / Max Hartley

Jefferies International Limited Tel: +44 (0) 20 7029 8000

Rupert Mitchell / Oliver Griffiths

Redleaf Communications Ltd Tel: +44 (0) 20 7566 6700

Samantha Robbins / Paul Dulieu

Notes to Editors:

About Avanti

¡ Avanti sells satellite broadband services to telecoms companies which use them to supply residential, enterprise and institutional customers.

¡ Avanti's first satellite, called HYLAS 1, will be the first superfast broadband satellite launched in Europe.

¡ Avanti's second satellite called HYLAS 2 is fully funded and will launch in Q2 2012. It will extend Avanti's coverage to Africa and the Middle East.

¡ The market for satellite broadband products in the markets served by Avanti is estimated at more than 100 million households.

¡ Avanti's systems can provide consumer broadband services at speeds of 10Mb per second at competitive prices, and other wholesale services at up to 200Mb.