i-mate plc
27 March 2008



For Immediate Release                                           27 March 2008



+-----------------------------------------------------------------------------+
|TR-1: Notifications of Major Interests in Shares                             |
+-----------------------------------------------------------------------------+

+-----------------------------------------------+-------------------------------+
|                                               |                               |
|                                               |                               |
|1. Identity of the issuer or the underlying    |          I-mate Plc           |
|issuer of existing shares to which voting      |                               |
|rights are attached:                           |                               |
+-----------------------------------------------+-------------------------------+
|                                                                               |
|                                                                               |
|2. Reason for notification (yes/no)                                            |
+--------------------------------------------------------------------+----------+
|                                                                    |          |
|                                                                    |          |
|An acquisition or disposal of voting rights                         |          |
+--------------------------------------------------------------------+----------+
|                                                                    |          |
|                                                                    |          |
|An acquisition or disposal of financial instruments which may result|          |
|in the acquisition of shares already issued to which voting rights  |          |
|are attached                                                        |          |
+--------------------------------------------------------------------+----------+
|                                                                    |   yes    |
|                                                                    |          |
|An event changing the breakdown of voting rights                    |          |
+--------------------------------------------------------------------+----------+
|                                                                    |          |
|                                                                    |          |
|Other (please specify):______________                               |          |
+---------------------------------------+----------------------------+----------+
|                                       |                                       |
|                                       |                                       |
|3. Full name of person(s) subject to   |             Schroders plc             |
|notification obligation:               |                                       |
+---------------------------------------+---------------------------------------+
|                                       |                                       |
|                                       |                                       |
|4. Full name of shareholder(s) (if     |                                       |
|different from 3):                     |                                       |
+---------------------------------------+---------------------------------------+
|                                       |                                       |
|                                       |                                       |
|5. Date of transaction (and date on    |               20.03.08                |
|which the threshold is crossed or      |                                       |
|reached if different):                 |                                       |
+---------------------------------------+---------------------------------------+
|                                       |                                       |
|                                       |                                       |
|6. Date on which issuer notified:      |               25.03.08                |
+---------------------------------------+---------------------------------------+
|                                       |                                       |
|                                       |                                       |
|7. Threshold(s) that is/are crossed or |               Below 10%               |
|reached:                               |                                       |
+---------------------------------------+-------+--------------------+----------+
+---------------------------------------+-------+--------------------+----------+

+-----------------------------------------------------------------------------------------+
|8: Notified Details                                                                      |
+-----------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                      |
|                                                                                         |
|                                                                                         |
+-------------+---------------------+-----------------------------------------------------+
|Class/type of|Situation previous to|Resulting situation after the triggering transaction |
|shares       |the triggering       |                                                     |
|             |transaction          |                                                     |
|If possible  +----------+----------+----------+---------------------+--------------------+
|use ISIN code|Number of |Number of |Number of |Number of voting     |Percentage of voting|
|             |shares    |voting    |shares    |rights               |rights              |
|             |          |rights    |          +----------+----------+----------+---------+
|             |          |          |          |          |          |          |         |
|             |          |          |          |          |          |          |         |
|             |          |          |          |Direct    |Indirect  |Direct    |Indirect |
+-------------+----------+----------+----------+---------++---------++---------++---------+
|             |          |          |          |         |          |          |          |
|             |          |          |          |         |          |          |          |
|  Ordinary   |          |          |          |         |          |          |          |
|             |          |          |          |         |          |          |          |
|             |13,060,705|          |          |         |          |          |          |
|             |          |          |          |         |          |          |          |
|GB00B0J0C046 |          |13,060,705|13,060,705|   N/A   |10,460,705|   N/A    |  8.74%   |
|             |          |          |          |         |          |          |          |
|             |          |          |          |         |          |          |          |
|             |          |          |          |         |          |          |          |
|             |          |          |          |         |          |          |          |
+-------------+----------+----------+----------+---------++---------++---------++---------+
+-------------+----------+----------+----------+---------++---------++---------++---------+

+--------------------------------------------------------------------------------+
|B: Financial Instruments                                                        |
|                                                                                |
|                                                                                |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                            |
|                                                                                |
|                                                                                |
+---------------+---------------+---------------+----------------+---------------+
|Type of        |Expiration date|Exercise/      |No. of voting   |Percentage of  |
|financial      |               |conversion     |rights that may |voting rights  |
|instrument     |               |period/date    |be acquired (if |               |
|               |               |               |the instrument  |               |
|               |               |               |exercised/      |               |
|               |               |               |converted)      |               |
+---------------+---------------+---------------+----------------+---------------+
|*              |               |               |                |               |
|               |               |               |                |               |
|               |               |               |                |               |
+---------------+---------------+---------------+----------------+---------------+



+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
|                                                                             |
|                                                                             |
+--------------------------------------+--------------------------------------+
|Number of voting rights               |Percentage of voting rights           |
+--------------------------------------+--------------------------------------+
|              10,460,705              |                8.74%                 |
|                                      |                                      |
|                                      |                                      |
+--------------------------------------+--------------------------------------+

+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and /or  |
|the financial instruments are effectively held, if applicable:               |
+-----------------------------------------------------------------------------+
|Schroder Investment Management Limited 10,460,705 8.74%                      |
|                                                                             |
|                                                                             |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
|                                                                             |
|                                                                             |
+--------------------------------------+--------------------------------------+
|10. Name of proxy holder:             |                                      |
|                                      |                                      |
|                                      |                                      |
+--------------------------------------+--------------------------------------+
|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:           |The shares referred to in section 9   |
|                                      |are held in portfolios managed by     |
|                                      |those firms on a discretionary basis  |
|                                      |for clients under investment          |
|                                      |management agreements.                |
+--------------------------------------+--------------------------------------+
|14 Contact name:                      |                                      |
|                                      |                                      |
|                                      |             Andrea Rowe              |
+--------------------------------------+--------------------------------------+
|15. Contact telephone name:           |                                      |
|                                      |                                      |
|                                      |            020 7658 2521             |
+--------------------------------------+--------------------------------------+



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