Holding(s) in Company

Billam PLC
01 September 2004


1 September 2004

                                   BILLAM PLC
                                     (AIM)

                               HOLDING IN COMPANY

The Company has been advised that following the placing on 22 July 2004,
Caldwell Associates Limited acquired on behalf of discretionary private clients
1,890,000 Ordinary Shares of 10p each in Billam Plc.

The shares are registered in the name of Forest Nominees Limited and represents
9.39% of the issued share capital.

                                   ---ENDS---

Enquiries

Billam Plc 020 7336 1300
Angus Forrest

Bishopsgate Communications 020 7430 1600
Maxine Barnes / Dominic Barretto



                      This information is provided by RNS
            The company news service from the London Stock Exchange