Batm Advanced Regulatory News (BVC)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 

BATM Advanced Communications Limited

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 acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

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:

Standard Life Investments Ltd

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

Vidacos Nominees

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

18 March 2009

6. Date on which issuer notified:

09 June 2009

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

6%

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

IL0010849045

24,090,585

24,090,585

23,990,585

5,278,024

18,712,561

1.316%

4.666%

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

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments 

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date 

Exercise/ Conversion period 

Number of voting rights instrument refers to

% of voting rights

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

23,990,585

5.982%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

N/A

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:

On 9 June 2009, BATM Advanced Communications Limited (the "Company") received several TR-1 Notifications from Standard Life Investments Ltd in relation to changes in its holdings in the Company since 16 September 2008. This TR-1 notification reflects Standard Life Investments Ltd's latest disclosed interest in the Company.

14. Contact name:

Investments_mo@standardlife.com

Standard Life Investments Ltd

15. Contact telephone number:

(0131) 245 6565