Holding(s) in Company

Titon Holdings PLC
28 May 2004



                       Titon Holdings Plc ("the Company")


                      Substantial Shareholder Notification


The Company has today been informed that Standard Life Investments has a
beneficial interest in 845,000 ordinary shares of 10 pence each in the Company,
representing approximately 8.1% of the current issued capital of the Company.


28 May 2004




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