Holding(s) in Company

Acal PLC
20 September 2004

Acal plc (the "Company") received notice on 17th September 2004 that, for the
purposes of Part VI of the Companies Act 1985 (as amended) Fleming Mercantile
Investment Trust Plc ("FMIT") has a notifiable interest in the issued share
capital of the Company as detailed below



Beneficial Owner       Holding             Total notifiable interest
FMIT                   831,347                  3.15%






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