Shareholding in Company

Cater Barnard PLC
12 May 2003


FOR IMMEDIATE RELEASE                                             12 May 2003



              Cater Barnard plc ('Cater Barnard' or the 'Company')

                            Shareholding in Company



Cater Barnard was informed on 9 May 2003 that on 8 May 2003 Hoodless Brennan &
Partners sold 14,032,000 ordinary shares in the issued share capital of the
Company and thus reducing their holding from 3.54% to 1.75%.








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