Holding(s) in Company

Independent Resources PLC
24 January 2006

24 January 2006



                   INDEPENDENT RESOURCES PLC (THE 'COMPANY')



                              NOTIFIABLE INTEREST



The Company has been informed by a letter dated 19 January 2006 that Artemis
Investment Management and certain of its subsidiary companies are interested in
1,150,000 ordinary shares of 1p each in the capital of the Company, representing
approximately 3.44 per cent. of its issued share capital.



Full details of the interest and the beneficial holders are detailed below.


Beneficial Holder             Number of shares held                   % interest

Artemis AIM VCT II              1,150,000                               3.44



END




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