Holding(s) in Company

IBNet PLC
17 January 2003



IBNet PLC

17 January 2003


IBNET PLC ('the Company')

HOLDING IN COMPANY

The Company has received notification from Royal Bank of Canada dated 7 January
2003, that it has a notifiable interest in 5,511,456 ordinary shares of 1p each
in the Company, representing approximately 6.27 % of the Company's issued
ordinary shares.



For further information, please contact:

IBNet plc
David Heynes, Chairman, Tel: [phone]
Toby Smallpeice, Chief Executive, Tel: [phone]


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