IQ-AI Regulatory News (IQAI)

1) 

Name of company

Flying Brands Limited

2)

Name of director

F G Voisin

3) 

Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest

As above

4) 

Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified)

N/A

5) 

Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s)

N/A

6) 

Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary

N/A

7)

Number of shares/amount of stock acquired

15,000

8)

Percentage of issued class

0.06%

9)

Number of shares/amount of stock disposed

N/A

10)

Percentage of issued class

N/A

11)

Class of security

Units (comprising ordinary shares of 1 pence each and A ordinary shares of 0.005 pence each)

12)

Price per share

£0.35

13)

Date of transaction

8 December 2008

14) 

Date company informed

9 December 2008

15)

Total holding following this notification

15,000

16)

Total percentage holding of issued class following this notification

0.06%

If a director has been granted options by the company please complete the following boxes

17)

Date of grant

 N/A

18)

Period during which or date on which exercisable

 N/A

19)

Total amount paid (if any) for grant of the option

 N/A

20)

Description of shares or debentures involved: class, number

 N/A

21)

Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

 N/A

22)

Total number of shares or debentures over which options held following this notification

 N/A

23)

Any additional information

 N/A

24)

Name of contact and telephone number for queries

Graham Norton 01245228300

25)

Name and signature of authorised company official responsible for making this notification

Graham Norton - Finance Director

Date of Notification

10 December 2008