Holding(s) in Company

Holding(s) in Company 

    LONDON--(BUSINESS WIRE)--Oct. 29, 2002--

Dear Sirs

NOTIFICATION OF INTEREST(S) IN SHARES UNDER SECTION 198 COMPANIES ACT
1985 ("THE ACT")

We have been advised on 29th October 2002 by Nomura International Plc
that:

Based on an issued share capital figure of 298,106,043, Nomura
International Plc no longer has a disclosable interest in the ordinary
shares of ARC International plc.

By virtue of Section 203(2) of the Act Nomura Holdings Inc. is also
deemed to be interested in the shares.

Yours faithfully

ARC INTERNATIONAL PLC

Charles Rendell

   Short Name: Arc Intl PLC
   Category Code: HOL
   Sequence Number: 00001081
   Time of Receipt (offset from UTC): 20021029T141919+0000