Orchid Developments Group Ltd
22 April 2008


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:

Orchid Developments Group Ltd


2. Reason for the notification

(please place an X inside the appropriate bracket/s):

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:

BlackRock, Inc.


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):

17th April 2008


6. Date on which issuer notified:

21st April 2008


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              Situation previous to the triggering transaction
use ISIN CODE
                                  Number of shares                   Number of voting rights

KYG6791P1072                      3,856,697                          3,856,697


                                                 Resulting situation after the triggering transaction
Class/type of shares if       Number of shares          Number of voting rights               % of voting rights
possible use ISIN CODE
                                                        Direct         Indirect               Direct       Indirect

KYG6791P1072                  3,656,697                 N/A            3,656,697              N/A          4.82%



B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration date      Exercise/conversion       No. of voting rights that   % of voting rights
financial                            period/date               may be acquired (if the
instrument                                                     instrument exercised/
                                                               converted)



Total (A+B)
Number of voting rights        % of voting rights

3,656,697                      4.82%



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

BlackRock Investment Management (UK) Limited



Proxy Voting:



10. Name of 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:

Thomas Hone



15. Contact telephone number:

020 7743 2098




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