CSLT.L Regulatory News (CSLT)

17 Oct 2007 16:04

Cosalt PLC17 October 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer ofexisting 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 Nothe acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights No Other (please specify):______________ No 3. Full name of person(s) subject to Rappaport Familynotification obligation: HSBC Global Custody Nominee (UK) A/c 813259 4. Full name of shareholder(s) (if different HSBC Global Custody Nominee (UK)from 3): A/c 813259 5. Date of transaction (and date on which the 12 October 2007threshold is crossed or reached if different): 6. Date on which issuer notified: 17 October 2007 7. Threshold(s) that is/are crossed or 22% (however please see note at 13reached: Additional Information below 8: Notified Details A: Voting rights attached to shares Class/ Situation previous to Resulting situation after the triggering transactiontype of the triggeringshares transactionIfpossible 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 3,260,367 22.04% 5,888,569 23.91% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/ No. of voting rights Percentage offinancial conversion period/ that may be acquired voting rightsinstrument date (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights 5,888,569 23.91% 9. Chain of controlled undertakings through which the voting rights and /or thefinancial instruments are effectively held, if applicable: Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holderwill cease to hold: 12. Date on which proxy holder will ceaseto hold voting rights: 13. Additional information: The shares acquired Are as a result of a Placing and Open offer by Cosalt Plc 14 Contact name: A J Robson 15. Contact telephone name: 01472 504504 This information is provided by RNS The company news service from the London Stock Exchange