AgCert
AgCert International
AgCert

News

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Dublin, Ireland – 26 July 2006

  1. Name of company

    AgCert International plc

  2. Name of shareholder having a major interest

    XL TECHGROUP, INC

  3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18

    The notification is regarding the holding of XL TECHGROUP, INC

  4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

    XL TECHGROUP, INC

  5. Number of shares / amount of stock acquired

    N/A

  6. Percentage of issued class (any treasury shares held by the listed company should not be taken into account when calculating percentage)

    N/A

  7. Number of shares / amount of stock disposed

    973,056

  8. Percentage of issued class (any treasury shares held by the listed company should not be taken into account when calculating percentage)

    0.58%

  9. Class of security

    Ordinary shares Euro 0.0001

  10. Date of transaction

    21st July 2006

  11. Date listed company informed

    24th July 2006

  12. Total holding following this notification

    40,738,944

  13. Total percentage holding of issued class following this notification

    24.14%

  14. Any additional information

    XL TECHGROUP, INC. has notified the company that it has transferred 973,056 ordinary shares in the company (“ordinary shares”) to holders of certain option rights with respect to such shares pursuant to the exercise by such option holders of their rights under the respective option agreement. The creation of these option rights preceded the listing of the company’s ordinary shares on the London stock exchange.

  15. Name of contact and telephone number for queries

    PJ Browne

    00 353 1 245 7400

  16. Name and signature of authorised company official responsible for making this notification

    Una Henry

    Date of notification

    25th July 2006

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