Holding(s) in Company

Torex Retail PLC
11 March 2004


                        Torex Retail plc (the 'Company')

                               Holding in Company

The Company was informed on 10 March 2004 by Artemis Investment Management
Limited that Artemis Special Situations is interested in 7,800,000 ordinary
shares of 1p each in the Company ('Ordinary Shares'), representing 5.17 per
cent. of the Company's current total issued ordinary share capital of
150,743,163 Ordinary Shares.

11 March 2004



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