Exercise of Warrants and TVR

For Immediate Release

18 January 2011

TOP LEVEL DOMAIN HOLDINGS LIMITED

("TLDH" or the "Company")

Exercise of Warrants and Total Voting Rights

TLDH announces that it has issued 3,038,036 new ordinary shares pursuant to an exercise of 3,038,036 warrants at an exercise price of 4p each.

The new shares will rank, pari passu, with all existing ordinary shares. Application has been made for these shares to be admitted to trading on AIM and admission is expected to take place on 25 January 2011.

Following the exercise of warrants, the Company's issued share capital consists of 361,374,213 ordinary shares, with voting rights. The Company does not hold any ordinary shares in Treasury.

Therefore the total number of ordinary shares in the Company with voting rights is 361,374,213.

The above figure of 361,374,213 ordinary shares may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules.

Further Information:

Top Level Domain Holdings Limited.

David Weill Tel: +44 (0) 20 7881 0180

Beaumont Cornish Limited

Roland Cornish

Michael Cornish Tel +44 (0) 20 7628 3396

gth media relations

Toby Hall /Christian Pickel Tel: +44 (0) 20 7153 8039/8036

Or visit the group's website at www.tldh.org