Director Shareholding

Cater Barnard PLC
12 June 2001


                      Cater Barnard plc ('the Company')


                Additional Listing and Directors Shareholding

Application has today been made for the admission of 15,671,573 new ordinary
shares of 1p each in the Company to trading on AIM. These shares have been
issued for the following:

As previously announced on 24 May, 3,125,000 shares were issued on 24 May
2001, pursuant to a placing for cash at 4p per share, to Mr Stephen Dean
(2,500,000) and Mr Adrian Stecyk (625,000), both directors of the company.

On 8 June 2001, 2,799,913 shares were placed for cash with Mr Stephen Dean at
4p per share.

On 8 June 2001, 4,586,664 new ordinary shares were issued to Mr Stephen Dean
in consideration for the acquisition by Cater Barnard of his shares in Voyager
Financial News.com plc.

On 8 June 2001, 1,293,332 new ordinary shares were issued to Mr Peter Holmes
in consideration for the acquisition by Cater Barnard of his shares in Voyager
Financial News.com plc.

A further 3,866,664 new ordinary shares were issued on 8 June 2001 in
consideration for the acquisition by the Company of Mrs Glenda Boswell's
shares in Voyager Financial News.com plc.

As a result of these, and other recent purchases, the Directors of Cater
Barnard have holdings in the Company as follows:

Mr Dean now holds 30,827,637 ordinary shares representing 19.39% of the
Company's issued share capital.

Mr Stecyk now holds 4,087,969 ordinary shares representing 2.57% of the
Company's issued share capital.

Mr Holmes now holds 3,293,332 ordinary shares representing 2.07% of the
Company's issued share capital.

The new ordinary shares will rank pari passu in all respects with the existing
shares of the Company. Dealings are expected to commence on 15 June 2001.