Holding in Company

Viking Internet PLC
12 June 2001

Further to the disclosure on 4 June 2001 of the granting of an option to
Sunvest Corporation Limited by Tarragona Investment Group Limited to acquire
15,000,000 shares representing 11.54% of the Issued Ordinary Share Capital of
Viking Internet plc, the board of Viking Internet plc wishes to announce that
the option is a call and put option expiring on 4 June 2003

12 June 2001

Enquiries:

NATHAN STEINBERG
Finance Director

Tel: [phone]