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RNS Number : 5860A

Mobilewave Group PLC

02 April 2012

02 April 2012

MobileWave Group plc

("MobileWave" or the "Company")

Holding in Company

The Board of MobileWave reports that it has been notified that GDE Global Inc. is beneficially interest in 9,000,000 ordinary shares in the Company representing approximately 8.06 per cent. of the entire issued share capital of MobileWave.

For further information, please contact:

   MobileWave Group plc                                            rstear@mobilewave.com 

Rory Stear, Chairman

   Charles Stanley Securities                                      020 7149 6000 

Nominated Adviser & Broker

Dugald.J. Carlean / Carl Holmes`

This information is provided by RNS

The company news service from the London Stock Exchange

END

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