Holding(s) in Company

Montpellier Group PLC
16 January 2004

On 13th January 2004, Montpellier Group Plc ('Montpellier' or the 'Company') was
informed, by a response to a notice served under s212 Companies Act 1985, that
the number of shares held by Carlton Telecom was 6,285,000, representing
approximately 10.6% of the issued share capital of the Company.



Montpellier understands that Carlton Telecom is associated with Mr Johan
Claesson and the table below shows the holding of Mr Claesson and his associated
parties:


Name                                                                Number of shares           Percentage
Johan Claesson                                                               500,000                0.84%
Children of Johan Claesson                                                   370,723                0.62%
C A Fastigheter                                                              900,000                1.52%
Carlton Telecom                                                            6,285,000               10.60%
TOTAL                                                                      8,055,723               13.58%




                      This information is provided by RNS
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