Holding(s) in Company

The Vitec Group PLC
04 March 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
 THE VITEC GROUP PLC



2. Name of shareholder having a major interest
 BNY TRUST COMPANY LTD AS TRUSTEE OF THE MLIT - MERRILL LYNCH 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
 NAMED IN 2 ABOVE



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
 NAMED IN 2 ABOVE



5. Number of shares / amount of stock acquired
-



6. Percentage of issued class
-



7. Number of shares / amount of stock disposed
 72,196



8. Percentage of issued class
 0.18%



9. Class of security
 ORDINARY SHARES



10. Date of transaction
 20 FEBRUARY 2003



 11. Date company informed
 3 MARCH 2003



12. Total holding following this notification
 1,182,898



13. Total percentage holding of issued class following this notification
 2.88%



14. Any additional information
NOTIFIED BY MERRILL LYNCH INVESTMENT MANAGERS



15. Name of contact and telephone number for queries
 R D PEATE, GROUP COMPANY SECRETARY, 020 8939 4650



16. Name and signature of authorised company official responsible for making
this notification
 R D PEATE



Date of notification
 4 MARCH 2003




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