Ilika Plc Regulatory News (IKA)

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

ILIKA PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

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

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

SOUTHERN FOX INVESTMENTS LTD.

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

CHASE NOMINEES.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

23rd April, 2012

6. Date on which issuer notified:

25th April, 2012

7. Threshold(s) that is/are crossed orreached: vi, vii

Over 5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ord GBP 0.01

1533186

1533186

2424093

2424093

5.33%

GB00B02LCQ05

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2424093

5.33%

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

Proxy Voting:

10. Name of the proxy holder:

SOUTHERN FOX INVESTMENTS LTD.

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

14. Contact name:

George O'Carroll

15. Contact telephone number:

+353-61-472019

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

SOUTHERN FOX INVESTMENTS LTD.

Contact address

(registered office for legal entities)

QUEENSGATE HOUSE, SOUTH CHURCH STREET, PO BOX 1234, GRAND CAYMAN KY1-1108, CAYMAN ISLANDS

Phone number & email

1 (345) 949 9876

Other useful information

(at least legal representative for legal persons)

Ogier Law Firm - Legal Representative

B: Identity of the notifier, if applicable

Full name

George O 'Carroll

Contact address

Phone number & email

+353-61-472019

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Administration

C: Additional information