(KCOM.L) KCOM Group PLC Buy/Sell

RNS Number : 7485Z KCom Group PLC 28 September 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

2 Reason for the notification (please tick the appropriate box or boxes):
X

An acquisition or disposal of voting rights 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 notification obligation: GAM International Management
Limited

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

5. Date of the transaction and date on
which the threshold is crossed or 11 September 2009

reached:

6. Date on which issuer notified: Sent 14 September 2009
7. Threshold(s) that is/are crossed or 6%

reached:

8. Notified details: A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting
of of of shares rights rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
Ordinary 38,345,079 38,345,079 30,345,079 30,345,079 5.874%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction

Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date Conversion rights instrument
period refers to
N/A N/A N/A N/A N/A Nominal Delta

Total (A+B+C)

Number of voting rights Percentage of voting rights
30,345,079 5.874%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: GAM sold 8m shares in GAM European Hedge - Discretionary Manager is GAM International Management Limited GAM also purchased 8m in St James's Place Recovery Unit Trust - Discretionary Manager is GAM London Limited

The 8m shares represents 1.549% and therefore no disclosure is required for GAM London Limited

Proxy Voting:

10. Name of the proxy holder: International Shareholder Services
11. Number of voting rights proxy holder N/A

will cease to hold:

12. Date on which proxy holder will cease N/A

to hold voting rights:

13. Additional information: N/A
14. Contact name: Barbara Hall

15. Contact telephone number: 020 7917 2356

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

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