Spark Ventures plc (SPK)

TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     Spark Ventures Plc             
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights                          YES       
                                                                               
An acquisition or disposal of financial instruments which may result No        
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                     No        
                                                                               
Other (please specify):______________                                N/A       
                                                                               
3. Full name of person(s) subject to     Pershing Nominees Limited             
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if                                             
different from 3):                                                             
                                                                               
5. Date of transaction (and date on      3 April 2009                          
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:        7 April 2009                          
                                                                               
7. Threshold(s) that is/are crossed or   3%                                    
reached:                                                                       

8: Notified Details                                                               
                                                                                  
A: Voting rights attached to shares                                               
                                                                                  
Class/type   Situation previous  Resulting situation after the triggering         
of shares    to the triggering   transaction                                      
             transaction                                                          
If possible                                                                       
use ISIN                                                                          
code                                                                              
                                                                                  
GB0008550286                                                                      
                                                                                  
                                                                                  

Number   Number of Number of  Number of voting    Percentage of                
of       voting    shares     rights              voting rights                
shares   rights                                                                
                   14,816,019                                                  
Below 3% Below 3%                                                              
                                                                               
                              Direct     Indirect Direct   Indirect            
                                                                               
                              14,816,019          3.607%                       
                                                                               

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/      No. of voting       Percentage of 
financial      date           conversion     rights that may be  voting rights 
instrument                    period/date    acquired (if the                  
                                             instrument                        
                                             exercised/                        
                                             converted)                        
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
14,816,019                              3.607%                                 

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:               N/A                                    
                                                                               
11. Number of voting rights proxy       N/A                                    
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will     N/A                                    
cease to hold voting rights:                                                   

13. Additional information:             Pershing Nominees Limited holds these  
                                        shares on behalf of Vine Street Capital
                                        Limited and associates                 
                                                                               
14 Contact name:                        Andrew Betton                          
                                                                               
15. Contact telephone name:             +44 (0) 20 7851 7777