Holding(s) in Company

Peerless Technology Group PLC
23 December 2002





                        PEERLESS TECHNOLOGY GROUP PLC

The Company announces that it was notified on 23 December 2002 that Nigel Wray
is now the registered holder of and he has an interest in 500,000 ordinary
shares in the capital of the Company representing 3.341% of the Company's
current issued ordinary share capital.




Enquiries



Richard James, Company Secretary - 01423 877422



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