Holding(s) in Company

Titon Holdings PLC
21 January 2004



                       Titon Holdings Plc ("the Company")

                      Substantial Shareholder Notification

The Company has today been informed that Mrs A Clipsham has a beneficial
interest in 940,579 ordinary shares of 10 pence each in the Company,
representing 8.94% of the current issued capital of the Company.

21 January 2004



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