Notifiable Interest

RNS Number:2595N
CODA plc
04 February 2008

                            Coda Plc ("the Company")

                              Notifiable Interest



A form TR-1 containing the following information has been received by the
Company.

TR-1 notification of major interests in shares

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

Coda Plc

2. Reason for the notification

An acquisition or disposal of voting rights

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

ING Bank NV

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

N/A

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

1 February 2008

6. Date on which issuer notified:

4 February 2008

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

Increase over 3%

8. Notified details: Holding of 3.64%

A: Voting rights attached to shares
Class/type of      Situation previous to Resulting situation after the triggering transaction
shares             Triggering
                   transaction           Notification required under DTR transitional provision 7
if possible using
ISIN CODE
                   Number of  Number of  Number of    Number of voting       % of voting rights
                   Shares     Voting     shares       rights
                              Rights

                                         Direct       Direct     Indirect    Direct     Indirect


Ordinary           Below 3%   Below 3%   2,800,000    2,800,000  N/A         3.64%      0

GB00B18FC419

B: Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration date     Exercise/           Number of voting       % of voting rights
instrument                            Conversion Period/  rights that may be
                                      Date                acquired if the
                                                          instrument is
                                                          exercised/ converted


N/A               N/A                 N/A                 N/A                    N/A

Total (A+B)
Number of voting rights                              % of voting rights


2,800,000                                            3.64%



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

N/A

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:

N/A

14. Contact name:

Angela Ulyatt

15. Contact telephone number:

020 7767 6340



16. Identity of the person or legal entity subject to the notification
obligation:



ING Bank NV



60 London Wall

London

EC2M 5TQ



020 7767 1000


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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