Notifiable Interest

India Outsourcing Services PLC (“the Company”)

Notifiable Interest

 

A form TR-1 containing the following information has been received by the Company.

TR-1 notification of major interests in shares

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

India Outsourcing Services PLC

2. Reason for the notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

The Royal Bank of Scotland Group plc

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

ABN AMRO Bank N.V

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

28/12/2007

6. Date on which issuer notified:

02/01/2008

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

3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using ISIN CODE

 

Situation previous to Triggering transaction

 

Resulting situation after the triggering transaction

Notification required under DTR transitional provision 7

Number of Shares

Number of Voting Rights

 

Number of shares

 

Number of voting rights

% of voting rights

Direct

 

Direct

Indirect

Direct

Indirect

GB00B0YTNL47

N/A

N/A

871,000

871,000

N/A

9.18%

N/A

B: Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

 

Expiration date

Exercise/ Conversion Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted

 

% of voting rights

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

% of voting rights

 

871,000

9.18%

 

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

The Royal Bank of Scotland Group plc (9.18%)

RFS Holdings N.V (9.18%)

ABN AMRO Holding N.V (9.18%)

ABN AMRO Bank N.V (9.18%)

10. Name of the Proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

This Notification is based upon the Voting Rights figure of 9,479,167 obtained from your Regulatory Announcement dated 19th December 2006.

14. Contact name:

Richard Hopkins

15. Contact telephone number:

+00 44 207 714 4459

 

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