Holding(s) in Company

The Vitec Group PLC 27 January 2003 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY THE VITEC GROUP PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST AVIVA PLC THROUGH ITS SUBSIDIARY MORLEY FUND MANAGEMENT LIMITED 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. SEE SCHEDULES BELOW 5) Number of shares/amount of stock acquired. 6) ( N/A %) of issued Class - 7) Number of shares/amount of stock disposed 407,000 8) (0.99%) of issued Class 9) Class of security ORDINARY SHARES 10) Date of transaction 23 JANUARY 2003 11) Date company informed 27 JANUARY 2003 12) Total holding following this notification 1,895,262 13) Total percentage holding of issued class following this notification 4.62% 14) Any additional information PREVIOUS NOTIFICATION BY AVIVA PLC WAS IN RESPECT OF 2,427,009 REPRESENTING 5.92% 15) Name of contact and telephone number for queries R D PEATE, GROUP COMPANY SECRETARY TEL: 020 8939 4650 16) Name and signature of authorised company official responsible for making this notification Date of Notification 27 JANUARY 2003................ Letter to: The Vitec Group plc Dated: 24 January 2003 THE VITEC GROUP PLC (THE 'COMPANY') - SEDOL 0929666 This notification supersedes our previous notification to you dated 3 July 2002 and is prompted by sales totalling 407,000 on 23 January 2003. This notification relates to issued ordinary shares of 20p each in the capital of the Company (the 'shares') and is given in fulfilment of the obligations imposed by sections 198 to 202 of the Companies Act 1985 (the 'Act'). 1. Notification on behalf of Morley Fund Management Limited (a subsidiary of Aviva plc). 1.1 We hereby notify you on behalf of Morley Fund Management Limited that immediately after the time when the obligation to make this notification arose Morley Fund Management Limited were interested in 1,895,262 shares. 1.2 The identity of the registered holders of the shares to which this notification relates and the number of shares held by each of them are set out in the Appendix below: Morley Fund Management Limited. 2. Notification on behalf of Aviva plc. 2.1 We hereby notify you on behalf of Aviva plc that immediately after the time when the obligation to make this notification arose Aviva plc were interested in 1,895,262 shares giving the Aviva group a total percentage interest in the shares of 4.62%. 2.2 The Identity of the registered holders of the shares to which this notification relates and the number of shares held by each of them are set out in the Appendix below: Aviva plc. If you require further information as to which companies in the Aviva group hold interests in the shares (by virtue of s.203 of the Act) please submit a written request and we will be happy to supply this information. We are only required to notify interests which are defined as material interests when the holding is equal to 3% or more of the Company's relevant share capital. The term material interests exclude certain categories where we do not hold a beneficial interest, for example where the shares are held in an Authorised Unit Trust Scheme or Open Ended Investment Company. Holdings in those categories are therefore not included in the holding notified under this letter. If you wish us to confirm the level of holdings in these categories, please let us know. From: Mel Murray for and on behalf of Aviva plc The Vitec Group plc 24 January 2003 APPENDIX: MORLEY FUND MANAGEMENT LIMITED REGISTERED HOLDERS NUMBER OF SHARES HELD BNY Norwich Union Nominees Ltd 400,910 (Material) Chase GA Group Nominees Ltd 964,857 (Material) Chase Nominees Ltd 100,721 (Material) CUIM Nominee Ltd 372,671 (Material) RBSTB Nominees Ltd 56,103 (Material) TOTAL PERCENTAGE INTEREST OF MORLEY FUND MANAGEMENT LIMITED: 4.62% ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 41,012,752 The Vitec Group plc 24 January 2003 APPENDIX: AVIVA PLC REGISTERED HOLDERS NUMBER OF SHARES HELD BNY Norwich Union Nominees Ltd 400,910 (Material) Chase GA Group Nominees Ltd 964,857 (Material) Chase Nominees Ltd 100,721 (Material) CUIM Nominee Ltd 372,671 (Material) RBSTB Nominees Ltd 56,103 (Material) TOTAL PERCENTAGE INTEREST OF AVIVA PLC: 4.62% ISSUED SHARE CAPITAL ON WHICH THIS NOTIFICATION IS BASED: 41,012,752 This information is provided by RNS The company news service from the London Stock Exchange

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