1.

Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached

CELOXICA HOLDINGS PLC

2.

Reason for the notification (please tick the appropriate box or boxes)

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

(   )

An event changing the breakdown of voting rights

(   )

Other (specify):

See Additional Information

(X)

3.

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

Intel Capital (Cayman) Corporation;
Intel Corporation

4.

Full name of shareholder(s) (if different from 3.)

5.

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

n/a

6.

Date on which issuer notified:

13 March 2007

7.

Threshold(s) that is/are crossed or reached:

Above 4%

8.

Notified details:

Class/type of shares (if possible using the ISIN code)

Ordinary 1p (GB00B0L9TZ33)

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

2,868,041

2,686,041

2,868,041

2,868,041

4.08%

Type of financial instrument

Expiration date

Exercise/Conversion Period/Date

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

Number of voting rights

% of voting rights

2,868,041

4.08%

9.

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

Intel Capital (Cayman) Corporation is an indirectly wholly owned investment subsidiary of Intel Corporation. As such, Intel Capital (Cayman) Corporation is a direct holder of voting rights and Intel Corporation is an indirect holder of voting rights in the issuer.

10.

Name of the proxy holder:

n/a

11.

Number of voting rights proxy holder will cease to hold:

n/a

12.

Date on which proxy holder will cease to hold voting rights:

n/a

13.

Additional information:

First notification under DTR using the total voting rights number of 70,307,434 notified by the issuer following implementation of the DTRs.

14:

Contact name:

EMEA Portfolio Management

15.

Contact telephone number:

01793 403 000