Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

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

Telecity Group plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

Yes

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

No

An event changing the breakdown of voting rights

No

Other (please specify):______________

No

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

3i Group Plc (direct)

3i Investments plc (indirect)

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

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

07 May 2009

6. Date on which issuer notified:

11 May 2009

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

15.0% - 3i Group plc

1.5% - 3i Pan European Buyout 2004-06 LP

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use 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

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB00B282YM11

40,601,287

40,601,287

29,706,487

(3i Group plc)

29,706,487

14.9963%

GB00B282YM11

4,118,711

4,118,711

3,013,511 

(3i Pan European Buyout 2004-06 LP)

3,013,511

1.5213%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

32,719,998

16.5175%

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

3i Group plc has a direct beneficial interest in the voting rights of 29,706,487ordinary shares of 02.p each as detailed in the table below (this represents 15.0% of the total voting rights). 

3i Investments plc (whose ultimate parent undertaking is 3i Group plc), has an indirect interest in all the voting rights of the 32,719,998 ordinary shares of 0.2p each detailed below, in its capacity as the discretionary investment manager of 3i Group plc and 3i Pan European Buyout 2004-06 LP.

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

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

13. Additional information:

Notification using total voting rights of 198,092,373

In connection with the triggering transaction, the shareholders agreed not to sell any ordinary shares prior to the expiration of 180 days from 12 May 2009.

14 Contact name:

Barry Lane

15. Contact telephone name:

0207 975 3234