RNS Number : 9068J
  Osmetech PLC
  10 December 2008
   
    Form TR-1 with annex. FSA Version 2.1 updated April 2007

 For filings with the FSA include the annex
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares

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

 2. Reason for notification (yes/no)
                                                                             Yes
 An acquisition or disposal of voting rights

 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):______________
                                 Polar Capital Healthcare Opportunities Fund 
 3. Full name of person(s)
 subject to notification
 obligation:

 4. Full name of shareholder(s)
 (if different from 3):
                                 5th December 2008
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                 9th December 2008
 6. Date on which issuer
 notified:
                                 3%, 4%, 5%
 7. Threshold(s) that is/are
 crossed or reached:





 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares       Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN code  transaction
                            Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                                  rights                                  rights                 rights

                                                                                          Direct  Indirect       Direct        Indirect
         
 B0K29R5    2,000,000                          24,800,660                                                  5.576%


 B: Financial Instruments

 Resulting situation after the triggering transaction

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




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 24,800,660               5.576%



 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 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:             Polar Capital LLP - Operations Department

 15. Contact telephone name:  +44 (0)207 227 2700


    For notes on how to complete form TR-1 please see the FSA website.   
    Note: Annex should only be submitted to the FSA not the issuer

 Annex: Notification of major interests in shares


 A: Identity of the persons or legal entity subject to the notification
 obligation
 Full name                               Polar Capital Healthcare Opportunities
 (including legal form of legal          Fund
 entities)

 Contact address                         c/o Northern Trust International Fund
 (registered office for legal entities)  Administration Services 
                                         54-62 Townsend Street
                                         Dublin 2
                                         Ireland
 Phone number & email                    +44 (0) 207 227 2700
                                         operations@polarcapital.co.uk
 Other useful information 
 (at least legal representative for
 legal persons)


 B: Identity of the notifier, if applicable
 Full name                                          Gopal Bharj

 Contact address                                    Polar Capital LLP
                                                    4 Matthew Parker
                                                    street 
                                                    London SW1H 9NP
 Phone number & email                               +44 (0)207 227 2700 

 Other useful information


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

 C: Additional information



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