Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

CINEWORLD GROUP PLC

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

An acquisition or disposal of voting rights

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

X

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):

As a result of the change in the total number of voting rights.

3. Full name of person(s) subject to thenotification obligation: iii

PARVUS ASSET MANAGEMENT (UK) LLP

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

The Gallinule Fund

The Caeruleus Fund

 Crescent III LP

 Vittoria Fund-P, L.P.

The Orange Partners Fund

The Packpar Fund

The Parvatrium Partners Fund

Parvus European Opportunities Master Fund

Parvus European Absolute Opportunities Master Fund

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

06/02/2013

6. Date on which issuer notified:

08/02/2013

7. Threshold(s) that is/are crossed orreached: vi, vii

 going below 11%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Equity Swap

N/A

N/A

N/A

16,279,384

Nominal

Delta

10.88%

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

16,279,384

10.88%

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

Parvus Asset Management (UK) LLP has been appointed as Investment Manager to The Gallinule Fund, The Caeruleus Fund, Crescent III LP, The Packpar Fund, Parvus European Opportunities Master Fund, Parvus European Absolute Opportunities Master Fund, The Orange Partners Fund, The Parvatrium Partners Fund and The Vittoria Fund - P, L.P. Under the terms of the various investment management agreements, Parvus Asset Management (UK) LLP holds the power to vote any physical shareholdings held by these clients.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

TCI Fund Services LLP provides compliance services to Parvus Asset Management (UK) LLP and is completing this disclosure on behalf of Parvus Asset Management (UK) LLP. Please contact Angus Milne for any further information.

14. Contact name:

Angus Milne

15. Contact telephone number:

0207 440 2330