Holding(s) in Company - Amend

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:

Consort Medical 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:

Kaupthing Bank Hf and Kaupthing Capital Partners II Master, LP Incorporated ("KCP"II)

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

Vidacos Nominees Limited

Sinjul Nominees Limited

Roy Nominees Limited

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

10 July 2008

6. Date on which issuer notified:

14 July 2008

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

8%

8. Notified Details

2,326,392

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

GB0000946276

2,106,286

2,106,286

2,326,392

1,159,847

1,166,545

4.02%

4.04%

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

N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

2,326,392

8.06%

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

Kaupthing Bank HF directly controls as principal 1,159,847 shares, representing 4.02% of the voting rights of the issuer, which are held through Vidacos Nominees Limited, the nominee of its custodian, Arion Custody Services Limited.

Kaupthing Bank HF's indirect holdings of 1,166,545 shares represent:

6,700 shares held by Singer & Friedlander Investment Management Limited, an entity within the Kaupthing Bank group, on a discretionary basis for their underlying clients. These shares are held through Sinjul Nominees Limited.

1,159,845 shares, representing 4.02% of the voting rights of the issuer, held by KCP II which is a Guernsey registered limited partnership (number 929), with its offices being First Floor, Darcy Court, Admiral Park, St. Peter Port, Guernsey GY1 6HJ acting by its operator, Singer & Friedlander Asset Management Limited (registered number 02339567) whose registered office is at One Hanover Street, London W1S 1AX. Kaupthing Bank Hf is a limited partner (and has contributed over 30% of the capital). These shares are held through Roy Nominees Limited. KCP II is itself indirectly interested in the 1,159,847 shares held directly by Kaupthing Bank HF.

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:

Disclosure based on 28,851,352 shares in issue

14 Contact name:

Jenny Owen

15. Contact telephone name:

01908 525211