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:

Monitise plc

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

An acquisition or disposal of voting rights

No 

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

No 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No 

An event changing the breakdown of voting rights

No 

Other (please specify):

Reduction in percentage holding due to increase in Total Voting Rights of company

Yes 

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

3i Group plc (direct)

3i Investments plc (indirect)

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

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

Increase in total voting rights notified by Monitise plc by RNS on 31 July 2009

6. Date on which issuer notified:

 3 August 2009

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

 7%, 6%

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

 GB00B1YMRB82

 24,767,399

 24,767,399

 24,767,399

 24,767,399

 See section 9 below

 5.99%

 See section 9 below

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

 N/A

 N/A

 N/A

 N/A

 N/A

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

 N/A

 N/A

 N/A

 N/A

 N/A

Nominal

Delta

 N/A

 N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 24,767,399

 5.99

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

3i Group plc has a direct beneficial interest in the total number of voting rights disclosed in section 8 above.

3i Investments plc (a wholly owned subsidiary of 3i Group plc) has an indirect interest in the total number of voting rights disclosed in section 8 above in its capacity as the discretionary Investment Manager of 3i Group plc.

3i Holdings plc and 3i plc are both wholly owned subsidiary undertakings of 3i Group plc and parent undertakings of 3i Investments plc.

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:

Notification using total voting rights of 413,351,068

14. Contact name:

 Jackie Harper

15. Contact telephone number:

 020 7975 3530