Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

BIOFUTURES INTERNATIONAL PLC

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

An acquisition or disposal of voting rights

X

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

Other (please specify):

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

BIOFUTURES INTERNATIONAL PLC

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

RELIGARE HICHENS, HARRISON PLC 

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

30 OCTOBER 2009

6. Date on which issuer notified:

30 OCTOBER 2009

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

 8%

8. Notified details:

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

GB00B12B4T47

 11,712,177

 11,712,177

 10,462,177

 10,462,177

 -

 6.92%

 -

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

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

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

OPTION TO SUBSCRIBE FOR NEW ORDINARY SHARES 

 4.875P

 31/08/2012

 29/08/2008 - 31/08/2012

 1,510,600

Nominal

Delta

1.00%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,972,777

7.92%

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

ORDINARY SHARES HELD BY RELIGARE HICHENS, HARRISON PLC

OPTION TO SUBSCRIBE FOR NEW ORDINARY SHARES HELD BY BLOMFIELD CORPORATE FINANCE LIMITED, A WHOLLY-OWNED SUBSIDIARY OF RELIGARE HICHENS, HARRISON PLC

Proxy Voting:

10. Name of the 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:

14. Contact name:

 GARY PITTS

15. Contact telephone number:

 0207 444 0500

For further information contact:

JULIE POMEROY, FINANCE DIRECTOR, BIOFUTURES INTERNATIONAL PLC - 07936 848343

DEREK CROWHURST, BLOMFIELD CORPORATE FINANCE LIMITED - 0207 444 0800

DANIEL BRIGGS, RELIGARE HICHENS, HARRISON PLC - 0207 444 0500