Holding(s) in Company

Intec Telecom Systems PLC
27 February 2004


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     INTEC TELECOM SYSTEMS PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     AEGON UK PLC GROUP 


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.

     CHASE NOMINEES LIMITED


5)   Number of shares/amount of stock acquired.

     96,795 ORDINARY ONE PENNY SHARES


6)   Percentage of issued Class

     <0.01%


7)   Number of shares/amount of stock disposed

     NONE


8)   Percentage of issued Class

     N/A


9)   Class of security

     ORDINARY ONE PENNY SHARES


10)  Date of transaction

     24 FEBRUARY 2004


11)  Date company informed

     24 FEBRUARY 2004


12)  Total holding following this notification

     6,301,790 SHARES

               
13)  Total percentage holding of issued class following this notification

     3.0%


14)  Any additional information

     'The Aegon UK Group of Companies' means Scottish Equitable plc, Scottish 
     Equitable Managed Funds Ltd, Aegon Fund Management UK Ltd, Aegon Investment 
     Management UK Ltd, Aegon Asset Management UK plc, Scottish Equitable 
     Trustees Ltd, Guardian Assurance plc, Guardian Linked Life Assurance Ltd, 
     Guardian Pensions Management Ltd, Guardian Unit Managers Ltd.


15)  Name of contact and telephone number for queries

     JEAN STRUDLEY
     01483 745800


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 

     27 FEBRUARY 2004


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