Holding(s) in Company

Mavinwood PLC
24 May 2005


                                 MAVINWOOD PLC
                                ('the Company')

                               Holding in Company

The Company was informed on 20 May 2005 that Schweco Nominees Limited holds
2,000,000 Ordinary Shares, representing approximately 3.35% of the issued share
capital of the Company. The beneficial owner of these shares is Rose Noble
Limited.


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