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Cobra Holdings Plc

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Significant Shareholders

The following information is stated with effect from the Admission of COBRA Holdings PLC's shares to trading on AIM:

Shares in issue: 36,337,578
COBRA Holdings PLC holds none of its own shares in Treasury.
Percentage of shares not in public hands (as defined in the AIM Rules): 92.2%

Significant shareholders and their respective Number of shares and Percentage of Shares of Issued Share Capital
Stephen Burrows 8,717,582 - 24.00%
John Lincoln 4,063,219 - 11.20%
Mark Zandler 4,037,446 - 11.10%
Michael Bowler 3,355,796 - 9.20%
Wainford Holdings Limited 2,507,624 - 6.90%
Peter Bright 2,388,676 - 6.60%
Paul Bryant 2,040,998 - 5.60%
Lee Wallis 1,629,087 - 4.50%
Andrew Graham 1,265,408 - 3.50%

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© 2010 COBRA Holdings Plc