Conexion Media Group PLC : Holdings in Company

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

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii	CONEXION MEDIA GROUP
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights	x
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: iii	TW INDUS LIMITED AND ITS SUBSIDIARIES
4. Full name of shareholder(s) (if different from 3.):iv	REGISTERED SHAREHOLDER: TW INDUS LIMITED 10,715,802 STANHILL SPECIAL SITUATIONS FUND LIMITED 4,331,873 CREATIVE WORKS LIMITED 550,000
5. Date of the transaction and date on which the threshold is crossed or reached: v	13 AUGUST 2012
6. Date on which issuer notified:	13 AUGUST 2012
7. Threshold(s) that is/are crossed or reached: vi, vii	3%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction	Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights	% of voting rights x
Class/type of shares if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Direct	xi Direct	xii Indirect	Direct	Indirect
ORDINARY GB0031352775	550,000	0.70%	15,597,675	15,597,6 75	0	19.90%	0

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
15,597,675	19.90%

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

THE VOTING RIGHTS ARE MANAGED AND CONTROLLED BY STANHILL SPECIAL SITUATIONS FUND LIMITED, WITH THE FOLLOWING CHAIN OF CONTROLLED UNDERTAKINGS:
STANHILL SPECIAL SITUATIONS FUND LIMITED:

• TW INDUS (PARENT COMPANY)

• CREATIVE WORKS LIMITED (47.5% OWNED BY PARENT COMPANY)

Proxy Voting:
10. Name of the proxy holder:	SEE SECTION 4
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:	FIGURES ARE BASED ON A TOTAL NUMBER OF VOTING RIGHTS OF 78,392,551 PER THE REPORT AND FINANCIAL STATEMENTS 2011
14. Contact name:	WASEEM SHIRAZ, STANHILL SPECIAL SITUATIONS FUND LIMITED
15. Contact telephone number:	0207 399 4380