Holding(s) in Company

Draganfly Investments Limited ("Draganfly" or the "Company")

Notification of Interest

The Company received notification on 13 December 2011 that, further to the issue of new shares in Draganfly as announced on 28 November 2011 and the resultant increase in the number of voting rights, Investec Wealth & Investment Limited's holding in the Company has fallen below the notifiable level of 3%.

For further information please contact:

T Edward G Bayman +44 (0) 1534 787898

Dennis Edmonds +44 (0) 7796 338 372

Ed Frisby/Rose Herbert

FinnCap (Nominated Adviser) +44 (0)20 7220 0500

………………………………………….

T Edward G Bayman

Director

Draganfly Investments Limited

13 December 2011