Holding(s) in Company

Synstar PLC 23 January 2002 SYNSTAR PLC (the 'Company') 23 January 2002 HOLDING IN COMPANY The Company today received notification from CVC Capital Partners ('CVC') that CVC and its direct and indirect advised interests (the 'CVC Funds'), have a notifiable interest of 50,133,250 ordinary shares of 1p each in the Company ('Shares'), representing approximately 30.85 per cent. of the Company's issued ordinary share capital. CVC's holding in the Company has been reduced by the sale of 5,000,000 Shares (representing approximately 9.07 per cent. of CVC's total holding). The sale has been prompted by institutional demand and CVC's desire to assist the improvement in the liquidity of the Company's shares. As part of the above sale, Jonathan Feuer, a non-executive director of the Company, has sold 37,636 Shares, representing approximately 0.02 per cent. of the Company's issued share capital (and representing a 9.07 per cent. pro rata reduction in his holding prior to the sale). Jonathan Feuer is now beneficially interested in 377,364 Shares representing approximately 0.23 per cent. of the Company's issued ordinary share capital. END This information is provided by RNS The company news service from the London Stock Exchange
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