Notification of Major Interest in Shares

 
TIDMITL 
 
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|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             | 
+----------------------------------------------+-------------------------------+ 
                                               | 
+----------------------------------------------+-------------------------------+ 
|1. Identity of the issuer or the underlying   |                               | 
|issuer                                        |   INTEC TELECOM SYSTEMS PLC   | 
|of existing shares to which voting rights are |                               | 
|attached:(ii)                                 |                               | 
+----------------------------------------------+-------------------------------+ 
|2 Reason for the notification (please tick the appropriate box or boxes):     | 
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|An acquisition or disposal of voting rights                       |     X     | 
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|An acquisition or disposal of qualifying financial instruments    |           | 
|which may result in the acquisition of shares already issued to   |           | 
|which voting rights are attached                                  |           | 
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|An acquisition or disposal of instruments with similar economic   |           | 
|effect to qualifying financial instruments                        |           | 
+------------------------------------------------------------------+-----------+ 
|An event changing the breakdown of voting rights                  |           | 
+-----------------------+------------------------------------------+-----------+ 
|Other (please specify):|                                          |           | 
+-----------------------+--------------+---------------------------+-----------+ 
|3. Full name of person(s) subject to  |                                       | 
|the                                   |     The Goldman Sachs Group, Inc.     | 
|notification obligation:(iii)         |                                       | 
+--------------------------------------+---------------------------------------+ 
|4. Full name of shareholder(s)        |      Goldman Sachs International      | 
| (if different from 3.):(iv)          |                                       | 
+--------------------------------------+---------------------------------------+ 
|5. Date of the transaction and date on|                                       | 
|which the threshold is crossed or     |           05 NOVEMBER 2010            | 
|reached:(v)                           |                                       | 
+--------------------------------------+---------------------------------------+ 
|6. Date on which issuer notified:     |           09 NOVEMBER 2010            | 
+--------------------------------------+---------------------------------------+ 
|7. Threshold(s) that is/are crossed or|                  7%                   | 
|reached:(vi, vii)                     |                                       | 
+-----------------------+--------------+-------+-------------------+-----------+ 
                        |              |       |                   | 
                        |              |       |                   | 
                        |              |       |                   | 
                        |              |       |                   | 
 
+---------------------------------------------------------------------------------+ 
|8. Notified details:                                                             | 
+---------------------------------------------------------------------------------+ 
|A: Voting rights attached to shares (viii, ix)                                   | 
+------------+---------------------+----------------------------------------------+ 
|Class/type  |Situation previous   |Resulting situation after the triggering      | 
|of          |to the triggering    |transaction                                   | 
|shares      |transaction          |                                              | 
|            +---------+-----------+------------+-----------------+---------------+ 
|if possible |Number   |Number     |Number      |Number of voting |% of  voting   | 
|using       |of       |of         |of shares   |rights           |rights (x)     | 
|the ISIN    |  ares   |Vo ing     +------------+------+----------+------+--------+ 
|CODE        |         |Rights     |Direct      |Direct|Indirect  |Direct|Indirect| 
|            |         |           |            |(xi)  |(xii)     |      |        | 
+------------+---------+-----------+------------+------+----------+------+--------+ 
|            |         |           |            |      |          |      |        | 
|            |         |           |            |      |          |      |        | 
|GB0006725062|         | Below 3%  |            |      |22,862,207|      | 7.26%  | 
+------------+         |           |            |      |          |      |        | 
|            |         |           |            |      |          |      |        | 
+------------+---------+-----------+------------+------+----------+------+--------+ 
 
+---------------------------------------------------------------------------------+ 
|B: Qualifying Financial Instruments                                              | 
+---------------------------------------------------------------------------------+ 
|Resulting situation after the triggering transaction                             | 
+--------------+----------+----------------------+------------------+-------------+ 
|Type of       |Expiration|Exercise/             |Number of voting  |% of voting  | 
|financial     |date(xiii)|Conversion Period(xiv)|rights that may be|rights       | 
|instrument    |          |                      |acquired if the   |             | 
|              |          |                      |instrument is     |             | 
|              |          |                      |exercised/        |             | 
|              |          |                      |converted.        |             | 
+--------------+----------+----------------------+------------------+-------------+ 
|              |          |                      |                  |             | 
+--------------+----------+----------------------+------------------+-------------+ 
 
+---------------------------------------------------------------------------------+ 
|C: Financial Instruments with similar economic effect to Qualifying Financial    | 
|Instruments (xv, xvi)                                                            | 
+---------------------------------------------------------------------------------+ 
|Resulting situation after the triggering transaction                             | 
+-------------+--------+----------+-------------+------------------+--------------+ 
|Type of      |Exercise|Expiration|Exercise/    |Number of voting  |% of voting   | 
|financial    |price   |date      |Conversion   |rights instrument |rights (xix,  | 
|instrument   |        |(xvii)    |period(xviii)|refers to         |xx)           | 
|             |        |          |             |                  |              | 
+-------------+--------+----------+-------------+------------------+-------+------+ 
|             |        |          |             |                  |Nominal|Delta | 
|             |        |          |             |                  +-------+------+ 
|             |        |          |             |                  |       |      | 
+-------------+--------+----------+-------------+------------------+-------+------+ 
 
+---------------------------------------------------------------------------------+ 
|Total (A+B+C)                                                                    | 
+-----------------------------------+---------------------------------------------+ 
|      Number of voting rights      |         Percentage of voting rights         | 
+-----------------------------------+---------------------------------------------+ 
|            22,862,207             |                    7.26%                    | 
+------------+++-------+--+-------+++-----------++-----+----------+++----+-+------+ 
             |||       |  |       |||           ||     |          |||    | | 
             |||       |  |       |||           ||     |          |||    | | 
             |||       |  |       |||           ||     |          |||    | | 
             |||       |  |       |||           ||     |          |||    | | 
 
+------------------------------------------------------------------------------+ 
|9. Chain of controlled undertakings through which the voting rights and/or the| 
|financial instruments are effectively held, if applicable:(xxi)               | 
+------------------------------------------------------------------------------+ 
|                                                                              | 
|The interest in 22,862,207 shares arose from a beneficial interest held by    | 
|Goldman Sachs International, a wholly-owned indirect subsidiary of GS Inc.    | 
|These shares are, or will be, registered at CREST in account CREPTEMP.        | 
|                                                                              | 
|                                                                              | 
|                                                                              | 
|                                                                              | 
+------------------------------------------------------------------------------+ 
 
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|Proxy Voting:                                                                 | 
+-------------------------------------+----------------------------------------+ 
|10. Name of the proxy holder:        |                  N/A                   | 
+-------------------------------------+----------------------------------------+ 
|11. Number of voting rights proxy    |                                        | 
|holder will cease                    |                  N/A                   | 
|to hold:                             |                                        | 
+-------------------------------------+----------------------------------------+ 
|12. Date on which proxy holder will  |                                        | 
|cease to hold                        |                  N/A                   | 
|voting rights:                       |                                        | 
+-------------------------------------+----------------------------------------+ 
 
+------------------------+-----------------------------------------------------+ 
|                        |General email contact:                               | 
|13. Additional          |                                                     | 
|information:            |[e-mail]                        | 
+------------------------+-----------------------------------------------------+ 
|14. Contact name:       |Shannon Sutherland                                   | 
+------------------------+-----------------------------------------------------+ 
|15. Contact telephone   |020-7774-6249                                        | 
|number:                 |                                                     | 
+------------------------+-----------------------------------------------------+ 
 
=------------------------+------------+----------------------------------------- 
 
 
 
 
[HUG#1460963] 
 
 
 
 
 
 
 
 
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     originality of the information contained therein. 
 
Source: Intec Telecom Systems Plc via Thomson Reuters ONE