Reach4entertainment Enterprises PLC : 28 Jan 2013 Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii	Reach4entertainment Enterprises Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights	X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify): Change of Investment Manager
3. Full name of person(s) subject to the notification obligation: iii	Webb Capital Asset Management Limited
4. Full name of shareholder(s) (if different from 3.):iv	The Bank Of New York (Nominees) Limited a/c SF Webb Capital Smaller Companies Growth Fund State Street Nominees Limited a/c Elite Webb Capital Smaller Companies Income & Growth Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v	25/01/2013
6. Date on which issuer notified:	28/01/2013
7. Threshold(s) that is/are crossed or reached: vi, vii	Below 12%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction	Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights	% of voting rights x
Class/type of shares if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Direct	xi Direct	Indirect xii	Direct	Indirect
Ordinary 2.5p GB00B1HLCW86	8,885,873	8,885,873	8,685,873	8.685,873		11.78%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
8,685,873	11.78%

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

SF Webb Capital Smaller Companies Growth Fund (9.11%)

Elite Webb Capital Smaller Companies Income & Growth Fund (2.67%)

Proxy Voting:
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:	Peter Webb
15. Contact telephone number:	020 7634 9510