Holding(s) in Company

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

BAYLON HOLDINGS LIMITED FORMERLY 

MOLECTRA GROUP LTD 

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

An acquisition or disposal of voting rights 

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

An event changing the breakdown of voting rights

Other (please specify):Change to the number of voting rights in issue 

√

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

NIGEL WILLIAM WRAY

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

PERSHING NOMINEES LIMITED

PIHL EQUITY LLP

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

22 JANUARY 2010 

6. Date on which issuer notified:

25 JANUARY 2010

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

10% to 12% change at direct interest level 

8. Notified details:

 N/A 

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights 

Number of shares 

Number of voting rights 

% of voting rights

Direct

Direct 

Indirect

Direct

Indirect

ORDINARY SHARES 

GB00B0T2CP59

18,126,366

18,126,366

626,366

626,366

17,500,000

0.428% 

11.96%

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of financial instrument 

Expiration date

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

18,126,366 including 17,500,000 held by PIHL Equity LLP, a partnership in which Mr Wray controls or is beneficially interested in 44.99% of the partnership capital

12.39%

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

Nigel William Wray has a beneficial interest in shares in Baylon Holdings Ltd (former name Molectra Group Ltd held by the following nominees

Pershing Nominees Limited 626,366

In addition Mr Nigel William Wray controls or is beneficially interested in 44.99% of the partnership capital of PIHL Equity LLP which owns 17,500,000 ordinary shares in Baylon Holdings Ltd (former name Molectra Group Ltd)

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:

Figures are based on a revised total number of voting rights of 146,300,787

14. Contact name:

Nigel Wray 

15. Contact telephone number:

020 7647 7657