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

Celoxica Holdings Plc

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

An event changing the breakdown of voting rights

Other (please specify):

Yes

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

4. Full name of shareholder(s) (if different from 3.) (NB abbreviation noted in brackets):

Share Nominees Limited on behalf of investors in the Oxford Gateway Funds

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

10/10/07

6. Date on which issuer notified:

25/10/07

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

4% (downwards)

8. Notified details:

Class/type of shares
if possible using the ISIN CODE

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

1p Ordinary

2,835,000

2,835,000

2,835,000

2,835,000

3.29%

Resulting situation after the triggering transaction

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

n/a

Number of voting rights

% of voting rights

2,835,000

3.29%

10. Name of the 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:

14. Contact name:

Richard Hepper

15. Contact telephone number:

01865 860 760