Holding(s) in Company

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

Cable and Wireless plc 

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 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): initial notification

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

Orbis Holdings Limited (parent)

Orbis Investment Management Limited (investment manager and controlled undertaking)

Orbis Asset Management Limited (investment manager and controlled undertaking)

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

Orbis Global Equity Fund Limited

Orbis MIS Orbis Global Equity Fund

Orbis Optimal SA Fund Limited

GA Fund - L Equity Deep Value World TP

Orbis Optimal Global Fund LP

Orbis International Equity LP

Orbis SICAV - Global Equity Fund

Orbis SICAV - Europe Equity Fund

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

03 April 2009

6. Date on which issuer notified:

07 April 2009

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

5%

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 viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

GB0001625572

126,487,198

126,882,426

126,882,426

4.998%

B: Financial Instruments

Resulting situation after the triggering transaction xii

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

Total (A+B)

Number of voting rights

% of voting rights

126,882,426

4.998%

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

Orbis Investment Management Limited

Orbis Global Equity Fund Limited - 3.3%

Orbis MIS Orbis Global Equity Fund

Orbis Optimal SA Fund Limited

GA Fund - L Equity Deep Value World TP

Orbis SICAV - Orbis Global Equity Fund

Orbis SICAV - Europe Equity Fund

Orbis Asset Management Limited

Orbis Optimal Global Fund LP

Orbis International Equity LP

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:

Catriona Fletcher

15. Contact telephone number:

020 7315 4660

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

Full name (including legal form for legal entities)

 Orbis Holdings Limited

Contact address (registered office for legal entities)

LPG Building, 34 Bermudiana Road, Hamilton HM11, Bermuda

Phone number 

 +1 441 296 3000

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

Hugh Gillespie, Legal Counsel

B:  Identity of the notifier, if applicable xvii

Full name 

 Cable and Wireless plc

Contact address 

3rd Floor, Red Lion Square, London, WC1R 4HQ

Phone number 

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

C: Additional information