Holding in Company

Vitec Group PLC
24 July 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

Vitec Group PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

BNY Trust Co. As trustee of the MIT - Mercury Alpha  Specialist situations 
Investment Fund

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

See 2 above

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

See 2 above    
180,822 shares


5)   Number of shares/amount of stock acquired.

180,822 shares

6)   (0.4417%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( N/A %) of issued Class

-

9)   Class of security

Ordinary shares

10)  Date of transaction

20 July 2000

11)  Date company informed

24 July 2000

12)  Total holding following this notification

1,325,454
               
              
13)  Total percentage holding of issued class following this notification

3.2575%

14)  Any additional information

Notified by Mercury Asset Management Limited

15)  Name of contact and telephone number for queries

R D Peate, Secretary  
01494 679800

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification...24 July 2000..............................