Holding(s) in Company

International Brand Licensing PLC
13 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.      Name of company

         International Brand Licensing plc

2.      Name of shareholder having a major interest

        Fleming Mercantile Investment Trust Plc

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.

        As above

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

        Fleming Mercantile Investment Trust Plc

5.      Number of shares/amount of stock acquired

        N/A

6.      Percentage of issued class

        N/A

7.      Number of shares/amount of stock disposed

        100,000

8.      Percentage of issued class

        0.36%

9.      Class of security

        Ordinary 1p shares

10.     Date of transaction

        15 December 2003

11.     Date company informed

        12th January 2004

12.     Total holding following this notification

        2,468,920

13.     Total percentage holding of issued class following this notification

        8.95%%

14.     Any additional information



15.     Name of contact and telephone number for queries
         Mark Partridge 020 7680 9001


16.     Name and signature of authorised company official responsible for making this notification.
         Mark Partridge


Date of notification: 13th January 2004




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