TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Blavod Wines & Spirits PLC

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

An acquisition or disposal of voting rights

Yes

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

No

An event changing the breakdown of voting rights

No

Other (please specify):

No

3. Full name of person(s) subject to the notification obligation:

Redmayne Nominees Ltd a/c HOI2000R, Redmayne Nominees

Ltd a/c HOR2005P & Redmayne Nominees

Ltd a/c CW2675Y

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

I P M SIPP Administration

a/c H Raymond, H Raymond (personal) &

West End Brands Ltd

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

19th March 2013

6. Date on which issuer notified:

19th March 2013

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

17.0%

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

Ordinary Shares of 1p each

51,993,333

16.99%

52,043,333

52,043,333

0

17.00%

0

 GB0030164023

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

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

% of votingrights

Total (A+B+C)

Number of voting rights

Percentage of voting rights

52,043,333

17.00%

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

Proxy Voting:

10. Name of the proxy holder:

n/a

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

n/a

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

n/a

13. Additional information:

Mr H Raymond's holding of 17.00% is

Split between 8,900,000 held in a SIPP, 43,093,333 personally & 50,000 in a company account.

14. Contact name:

Geoff Pluck Redmayne-Bentley LLP

15. Contact telephone number:

01689-882010