Holding(s) in Company

Blavod Black Vodka PLC
08 May 2003

Blavod Black Vodka plc ('the Company') announces that it received notification
today from ISIS Asset Management Plc that the following client of ISIS Asset
Management Plc has a notifiable interest in the Ordinary Shares of the Company
as detailed below:

Name of Client                      No. of Shares        % of Ordinary Shares           Name of Register Holder
I & S UK Smaller Companies          640,000              4.331                          Chase Nominees Ltd






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