+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | Intec Telecom Systems Plc |
|of existing shares to which voting rights are | |
|attached: ii | |
+----------------------------------------------+-------------------------------+
|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 qualifying financial instruments which | |
|may result in the acquisition of shares already issued to which voting| |
|rights are attached | |
+----------------------------------------------------------------------+-------+
|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): | |
+--------------------------------------+-------------------------------+-------+
|3. Full name of person(s) subject to | |
|the | BlackRock Inc. |
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|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 | 31st December 2009 |
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 5th January 2010 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Holding has gone above 10% |
|reached:vi, vii | |
+--------------------------------------+---------------------------------------+
+-----------------------------------------------------------------------------------+
|8. Notified details: |
+-----------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+------------+----------------------+-----------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +----------+-----------+----------+--------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of voting |
|using |of |of |of shares |rights |rightsx |
|the ISIN | ares |V ting +----------+--------+-----------+------+--------+
|CODE | |Rights |Direct |Directxi|Indirectxii|Direct|Indirect|
+------------+----------+-----------+----------+--------+-----------+------+--------+
| | | | | | | | |
|GB0006725062|16,564,803|16,564,803 |N/A |N/A |21,379,678 |N/A |6.91% |
| | | | | | | | |
+------------+----------+-----------+----------+--------+-----------+------+--------+
+-----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+---------------------+---------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |datexiii |Conversion Periodxiv |rights that may be |rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted.| |
+--------------+----------+---------------------+---------------------+-------------+
+--------------+----------+---------------------+---------------------+-------------+
+-----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instrumentsxv, xvi |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+---------+----------+-----------+---------------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |datexvii |Conversion |rights instrument |rightsxix, xx |
|instrument | | |periodxviii|refers to | |
| | | | | | |
+-------------+---------+----------+-----------+---------------------+-------+------+
| | | | | |Nominal|Delta |
|CFD |N/A |N/A |N/A |10,256,208 +-------+------+
| | | | | |3.32% | |
+-------------+---------+----------+-----------+---------------------+-------+------+
+-----------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+----------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+----------------------------------------------+
| |10.23% |
|31,635,886 | |
+------------------------------------+----------------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:xxi |
+------------------------------------------------------------------------------+
|BlackRock Investment Management (UK) Limited - 31,635,886 (10.23%) |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|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: | BlackRock Compliance Disclosures Team |
+-----------------------------+------------------------------------------------+
|14. Contact name: | Stuart Watchorn |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:| 020 7743 5741; stuart.watchorn@blackrock.com |
+-----------------------------+------------------------------------------------+
[HUG#1372797]