Notification of Major Interes

1. 

Name of Company

KCom Group PLC

2. 

Name of Shareholder Having Major Interest

GAM International Management Limited

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

As above

4.

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

GAM European Equity Hedge: 13,063,666

GAM European Small Cap Hedge Investments: 2,057,436

GAM Exempt Trust - UK Opportunities: 6,162,846

GAM UK Diversified: 15,540,406

5. 

Number of shares / amount of stock acquired

2,711,668

6.

Percentage of issued Class

0.52%

7. 

Number of shares / amount of stock disposed

n/a

8.

Percentage of issued Class

n/a

9.

Class of Security

Ordinary 10p shares

10.

Date of Transaction

25 July 2008 

11.

Date Company Informed

30 July 2008 

12.

Total holding following this notification

36,824,354

13. 

Total voting rights following this notification

36,824,354

14.

Total percentage holding of issued class following this notification

7.13%

15.

Any Additional Information

Notification using the total voting rights figure of 516,603,910

16.

Name of Contact and Telephone Number for Enquiries

Kemi Thomas, GAM International

+44 (0)20 7917 2346

17.

Date of Notification

1 August 2008