Holding in Company

SVM Ofex Fund PLC
26 September 2001


SVM OFEX Fund plc 
Disclosure by Substantial Shareholder

We have been advised by Schroder Investment Management Limited that they no 
longer have a discloseable interest in the issued share capital of the SVM OFEX 
Fund plc.

The issued share capital of SVM OFEX Fund plc is currently 5,650,000 shares.