Holding(s) in Company

API Group PLC
20 July 2004



                                    API plc


The Board of API plc (the 'Company') received notification yesterday that Steel
Partners II LP and WebFinancial Corporation (whose assets are managed on a
discretionary basis by Steel Partners II LP) have respective holdings of
1,800,000 and 950,000 shares, together representing 8.12% of the issued share
capital of the Company.




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