Holding(s) in Company

API Group PLC
14 December 2004


                                 API Group plc


The Board of API Group 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
5,975,000 and 950,000 shares, together representing 20.46% of the issued share
capital of the Company.



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