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TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Provexis Plc

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: (Yes)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No)

An event changing the breakdown of voting rights: (No)

  Other (please specify): (No)

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

   Albator Limited

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

   

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

15 October 2009

6. Date on which issuer notified:

7 January 2010

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

3%

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 (vi)
	Number of shares	Number of voting Rights (viii)
Ordinary ISIN: GB00B0923P27	0	0

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
Ordinary ISIN: GB00B0923P27	34,747,249	34,747,249		3.14%

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

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 (xvii)

Exercise/Conversion Period (xviii)

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights (xix), (xx)

		Nominal	Delta

Total (A+B)

Number of voting rights	% of voting rights
34,747,249	3.14%

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

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:

Rawlinson & Hunter SA

15. Contact telephone number:

00 41 22 7891 200

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