Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:

CABLE & WIRELESS WORLDWIDE PLC

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

An acquisition or disposal of voting rights

X

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

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 thenotification obligation:

CREDIT SUISSE GROUP AG

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

Please see section 9

5. Date of the transaction and date onwhich the threshold is crossed orreached:

08.06.2012

6. Date on which issuer notified:

12.06.2012

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

7%

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

ORD

GB00B5WB0X89

152,650,644

152,650,644

N/A

N/A

196,602,395

N/A

7.1482%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

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

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

196,602,395

7.1482%

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

CREDIT SUISSE GROUP AG

CREDIT SUISSE AG

CREDIT SUISSE SECURITIES (EUROPE) LTD

CREDIT SUISSE FUND MANAGEMENT SA

CREDIT SUISSE LIFE (BERMUDA) LTD

CREDIT SUISSE FUND MANAGEMENT COMPANY (IRELAND) LIMITED

CREDIT SUISSE FUNDS AG

CREDIT SUISSE (UK) LIMITED

CREDIT SUISSE INTERNATIONAL

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

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

13. Additional information:

14. Contact name:

Paul Moore, Head of Company Secretariat

Cable & Wireless Worldwide plc

15. Contact telephone number:

+44 (0)7794 999 815