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Holding(s) in Company

16 Apr 2008 15:29

TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying Communisis Plc issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes 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):______________ 3. Full name of person(s) subject to North Atlantic Value LLP notification obligation: 4. Full name of shareholder(s) (if i. North Atlantic Smaller Companies different from 3): Investment Trust PLC ii. North Atlantic Value LLP (as Investment Manager/Adviser to other fund management clients).

5. Date of transaction (and date on 13 March 2008 which the threshold is crossed or reached if different): 6. Date on which issuer notified: 15 April 2008 7. Threshold(s) that is/are crossed or Holding fell below 12% reached: 8: Notified Details A: Voting rights attached to shares

Class/ Situation previous Resulting situation after the triggering type of to the triggering transaction

shares transaction If possible use ISIN code

Number of Number of Number of Number of voting Percentage of

shares voting shares rights voting rights rights Direct Indirect Direct Indirect Ordinary Sedol: 0668323

Holder 1: 6,500,000 6,500,000 6,500,000 6,500,000 4.70% Holder 2: 10,140,910 10,140,910 9,919,541 9,919,541 7.16%

TOTAL= 11.86% B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ No. of voting Percentage of financial date conversion rights that may be voting rights instrument period/date acquired (if the instrument exercised/ converted) Total (A+B) Number of voting rights Percentage of voting rights 16,419,541 11.86%

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

Not applicable Proxy Voting: 10. Name of proxy holder: N/A

11. Number of voting rights proxy N/A holder will cease to hold: 12. Date on which proxy holder will N/A

cease to hold voting rights: 13. Additional information: None 14 Contact name: Jenny Hogg 15. Contact telephone name: 020 7747 5681

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