Holding(s) in Company

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:

KCOM GROUP

2. Reason for notification (yes/no)

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 notification obligation:

GAM International Management Limited

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

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

28 April 2009

6. Date on which issuer notified:

30 April 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 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

Ordinary

42,146,828

42,146,828

39,396,614

39,396,614

7.63%

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

Total (A+B)

Number of voting rights

Percentage of voting rights

39,396,614

7.63%

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

GAM International Management Limited is the discretionary investment manager for various funds. Aggregate holding across all funds:

Shares: 39,396,614 Percentage Qty: 7.63%

Proxy Voting:

10. Name of proxy holder:

Institutional Shareholder Services

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:

ANNEX NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Full name (including legal form for legal entities)

GAM International Management Limited

Contact address (registered office for legal entities)

12 St James's Place, London, SW1A 2NX

Phone number

020 7917 2356

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

B: Identity of the notifier, if applicable

Full name 

BARBARA HALL

Contact address 

As above

Phone number

As above

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information