Holding(s) in Company

Maintel Holdings PLC
29 December 2004


                             MAINTEL HOLDINGS PLC

                      Maintel Holdings Plc ('the company')

                   Disclosure of Material Interest in Shares

The company has received the following announcement:

Disclosure of Material Interest in Shares - Companies Act 1985, Section 198
From: Herald Investment Trust plc

Issued Capital: 13,516,800 ordinary shares of 1p each

As at 29-Dec-04 the following entities had a material interest(s) in shares of
Maintel Holdings Plc:

Herald Investment Trust plc

Registered Holders of 510,000 shares 3.77%

Contact:
Dale Todd, Finance Director 020 7401 0562
29 December 2004



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