Holding(s) in Company

Nasstar plc

("Nasstar" or the "Company")

Holdings in Company

Nasstar plc (AIM: NASA), a provider of hosted managed and cloud computing services, has received notification from NVM Private Equity LLP that it has a total direct and indirect interest in 11,820,000 ordinary shares of 1p each in the Company, equivalent to 2.04% of Nasstar's total issued share capital. The full notification is provided below.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Nasstar plc

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

An acquisition or disposal of voting rights

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

X

Other (please specify):

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

NVM Private Equity LLP

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

Giltspur Nominees Limited a/c BUNS

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

2 September 2016

6. Date on which issuer notified:

5 September 2016

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

Below 3%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BOT1S097

11,820,000

11,820,000

11,820,000

2.04%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

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 xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,820,000

2.04%

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

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:

Disclosure based on Total Voting Rights of 579,542,287

14. Contact name:

C D MELLOR

15. Contact telephone number:

0191 244 6012