Holding(s) in Company

RNS Number:3329X
CODA plc
29 May 2007

TR-1: Notification of major interests in shares

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

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

3. Full name of person(s) subject to the notification Artemis Investment Management Ltd
obligation:

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

5. Date of the transaction and date on which the threshold is 15/05/2007
crossed or reached:

6. Date on which issuer notified: 29/05/2007

7. Threshold(s) that is/are crossed or reached: 8%

8. Notified details:

A: Voting rights attached to shares

Class/type of Situation previous to the Resulting situation after the triggering transaction
shares Triggering transaction
Number of Number of Number of Number of voting rights % of voting rights
if possible using Shares Voting shares
the ISIN CODE Rights Direct Direct Indirect Direct Indirect

GB00B18FC419 6,100,000 6,410,000 6,410,000 8.33%
6,100,000

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting
instrument Period/ Date that may be acquired if rights
the instrument is
exercised/ converted.

Total (A+B)

Number of voting rights % of voting rights

6,410,000 8.33%

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

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: Dave Belmont

15. Contact telephone number: 01423 509999

This information is provided by RNS
The company news service from the London Stock Exchange
END