Holding in Company-Replacemnt

Arc International PLC
22 May 2001


The issuer has made the following amendment to the 'Holding in Company'
announcement released 22 May 2001 at 07:06 under RNS No 9618D.

In section 10 the date of transaction should read 18th May 2001 and not 18th
March 2001 as previously shown.

In section 11 the date company informed should read 18th May 2001 and not 18th
March 2001 as preciously shown.

All other details remain unchanged.

The full corrected version is shown below.
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                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ARC INTERNATIONAL PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

APAX FUNDS NOMINEES LIMITED

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18



4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

APAX FUND NOMINEES LIMITED

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

7,165,900

8)   (2.61%) of issued Class

9)   Class of security

ORDINARY SHARES

10)  Date of transaction

18TH MAY 2001

11)  Date company informed

18TH MAY 2001

12)  Total holding following this notification

10 748 890
               
              
13)  Total percentage holding of issued class following this notification

3.92

14)  Any additional information



15)  Name of contact and telephone number for queries

CHARLES RENDELL  0208 236 2800

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .....22/5/01