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Holding(s) in Company

17th Jan 2011 16:34

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer Software Radio Technologyof existing shares to which voting rights are plcattached:ii 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 Lester Industries Limitednotification obligation:iii 4. Full name of shareholder(s) Giltspur Nominees Ltd (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 17 January 2011reached: v 6. Date on which issuer notified: 17 January 2011 7. Threshold(s) that is/are crossed or 3%reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/ Situation previous Resulting situation after the triggering transaction type of to the triggering shares transaction if Number Number Number Number of voting % of voting rightspossible of of of shares rights x using Shares Voting the ISIN Rights CODE Direct Direct xi Indirect xii Direct Indirect Ordinary 3,205,480 3,205,480 3,155,480 3,155,480 2.99% 0.1p B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period xiv rights that may be rights instrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting financial date xvii Conversion instrument refers to rights xix, xx instrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 3,155,480 2.99%

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

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: 15. Contact telephone number: Enquiries:

Software Radio Technology plc 01761 409500

Simon Tucker / Richard Hurd

Westhouse Securities Limited 0113 246 2610

Tim Feather / Matthew Johnson

vendor

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