Imagination Technologies Group Regulatory News (IMG)

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

Imagination Technologies Group plc

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 notification obligation:

1. Awal Bank B.S.C. 2. Awal Trust Company Limited 3. Maan Abdulwahed Al-Sanea (as parent undertaking of Awal Bank B.S.C.)

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

Citicorp Nominees Pty Ltd

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

July 2nd, 2008

6. Date on which issuer notified:

July 8th, 2008

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

1. Awal Bank B.S.C. (13%) 2. Maan Abdulwahed Al-Sanea (21%)

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

n/a

Total (A+B)

Number of voting rights

Percentage of voting rights

46'287'654

21.11%

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

Maan Abdulwahed Al-Sanea is subject to a notification obligation pursuant to DTR 5.2.1(e) as the "parent undertaking" of Awal Bank B.S.C., the entity that indirectly holds 28'873'655 (13.17%) shares, through Citicorp Nominees Pty Ltd, as "parent undertaking" of Awal Trust Company Limited. Awal Bank B.S.C. is indirectly owned by Awal Trust Company Limited ("ATCL") as trustee of the Saad STAR Trust. ATCL is therefore subject to a notification obligation pursuant to DTR 5.2.1(e) as a "parent undertaking" of Awal Bank B.S.C. Saad Investments Company Ltd (SICL) is indirectly owned by Awal Trust Company Limited as trustee of the Saad STAR Trust. SICL indirectly holds 17'413'999 (7.94%) shares, since April 2007, through LBPB Nominees Ltd, Credit Suisse Clients Nominees (UK) Ltd and Vidacos Nominees Ltd

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

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

13. Additional information:

14 Contact name:

Christopher C. Hart

15. Contact telephone name:

+41 22 715 0303