Holding(s) in Company

The Vitec Group PLC
2 May 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

THE VITEC GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

HSBC BANK PLC THROUGH A SUBSIDIARY


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.

NOT NOTIFIED


5)   Number of shares/amount of stock acquired.

NOT APPLICABLE


6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

NOT APPLICABLE


8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES


10)  Date of transaction

NOT NOTIFIED


11)  Date company informed

2 MAY 2003


12)  Total holding following this notification

NOT NOTIFIED

               
13)  Total percentage holding of issued class following this notification

NOT NOTIFIED


14)  Any additional information

SEE LETTER BELOW DATED 1 MAY 2003. THIS NOTIFICATION REFERS TO THAT MADE, IN 
RESPECT OF HSBC BANK PLC THROUGH A SUBSIDIARY, ON 29 APRIL 2003


15)  Name of contact and telephone number for queries

ROLAND PEATE     020 8939 4650


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

     Date of Notification ............2 MAY 2003.....



Letter to: The Vitec Group plc

Part VI Companies Act 1985 ('the Act')

We refer to our notification under section 198 of the Act, dated 25 April 2003,
and write to inform you in accordance with section 202(4), that as at close of
business on 30 April 2003, none of the interests disclosed to you constituted
interests as mentioned in section 208(5).

Letter from: HSBC Bank plc


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