GON Galleon Hldgs

RNS Number:2455H
Galleon Holdings PLC
07 November 2007


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:

GALLEON HOLDINGS Plc

(2) Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights (No)

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (No)

An event changing the breakdown of voting rights: (No)

Other (please specify): -

Acquisition via Placing

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

Imagination Holdings Limited

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

Imagination Holdings Limited

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

26 October 2007

(6) Date on which issuer notified:

7 November 2007

(7) Threshold that is crossed or reached:

22%

(8) Notified details:

A: Voting rights attached to shares

Class/type   Situation previous to the Resulting situation after the triggering 
of shares    Triggering transaction    transaction
if possible  Number of   Number of     Number of  Number of Voting   % of voting
using the    Shares      Voting        Shares     Rights               rights
ISIN code                Rights

Common Stock                                    Direct   Indirect Direct Indirect
GB00B02MFY27 14,542,409  14,542,409  21,349,306 21,349,306    -   21.95%    0%



B: Financial instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise /     Number of voting rights that may   % of
Financial   Date       Conversion     be acquired is the instrument is   voting
Instrument             Period / Date  exercised / converted              rights

Total (A+B)

Number of voting rights                      % of voting rights
    21,349,306                                    21.95%

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

N/A

Proxy Voting:

(10) Name of the proxy holder:

N/A

(11) Number of voting rights proxy holder will cease/acquire to hold:

N/A

(12) Date on which proxy holder will cease/acquire to holding voting rights:

N/A

(13) Additional information:

N/A

(14) Contact name:

David Wong

(15) Contact number:

020-7647-1800




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