Holding(s) in Company

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

Stratex International PLC

An acquisition or disposal of voting rights

X

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

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation"1:

Orion Trust Limited

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

Orion Trust Limited (9,000,000 shares)

Forest Nominees Limited a/c GC1 (12, 800,000 shares)

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

4th and 7th July 2008

6. Date on which issuer notified:

8th July 2008

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

9%

8. Notified details:

Class/type of shares

if possible using the ISIN CODE

Situation previous to the Triggering transaction Vl

Resulting situation after the triggering transaction""

Number of Shares

Number of Voting Rights

viii

Number of shares

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect Xl

Direct

Indirect

GBOOBOT29327

16,900,000

16,900,000

21,800,000

21,800,000

9.307%

Resulting situation after the triggering transaction Xl

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period/ Date xiv

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

% of voting rights

13. Additional information:

14. Contact name:

15. Contact telephone number:

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

ORION TRUST LIMITED

Contact address (registered office for legal entities)

P 0 Box 374, Richmond House, Si Julian's Avenue, St Peter Port, Guernsey, GY1 SYS

Phone number

01481 713667

Other useful information (at least legal representative for legal persons)