TR-1(i): Notification Of Major Interests In Shares

More:

Upstream Marketing and Communications Inc.

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which

Voting rights are attached (ii):

Upstream Marketing & Communications Inc.

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: (Yes)

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): ( )

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

Corvus Capital Inc.

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

Corvus Capital Inc.

5. Date of the transaction (and date on which the threshold is crossed or

Reached if different) (v):

27 February 2008

6. Date on which issuer notified:

28 February 2008

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

8.31% to 0.0%

8. Notified details:

A: Voting rights attached to shares

Class/type of Shares if possible using the ISIN CODE Situation previous to the Triggering transaction (vi) Resulting situation after the triggering transaction (vii)
Number of
shares
Number of voting rights (viii) Number of shares Number of voting rights (ix) % of voting rights
Direct Direct (x) Indirect (xi) Direct Indirect
Ordinary KYG7393S1012 11,108,332 11,108,332 0 0 0 0% 0%

B: Financial Instruments Resulting situation after the triggering transaction (xii)

Type of financial instrument Expiration date (xiii) Exercise/conversion period/date Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
N/A
Total (A+B)
Number of voting rights % of voting rights
0 0%

9. Chain of controlled undertakings through which the voting rights and/or the
Financial instruments are effectively held, if applicable (xv):

Proxy Voting:

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:

14. Contact name:

N/A

15. Contact telephone number:

N/A

END