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Holding(s) in Company

4 Feb 2008 10:34

Immediate Release: Monday 4 February 2008

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which

voting rights are attached (ii):

Nanoscience Inc.

2. Reason for the notification (please state 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 the notification obligation (iii):

Corvus Capital Inc.

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

Corvus Capital Inc.

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

reached if different) (v):

30 January 2008

6. Date on which issuer notified:

31 January 2008

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

4.02% to 0.0%

8. Notified details:

A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the triggering shares if to the Triggering transaction (vii)

possible using transaction (vi) the ISIN CODE

Number of Number of Number of Number of voting % of voting shares voting shares % of voting (ix) rights Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi)

KYG6390E1070 7,400,000 7,400,000 0 0 0 0% 0%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of Expiration Exercise/ Number of % of voting financial date (xiii) Conversion voting rights rights instrument Period/ Date that may be (xiv) acquired if the instrument is exercised/ converted. N/A Total (A+B)Number of voting rights % of voting rights 0 0%

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

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/A13. Additional information:14. Contact name:Tim Moss

15. Contact telephone number:

+41 22 308 6999

NANOSCIENCE INC
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