Holding(s) in Company

The Vitec Group PLC 23 January 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) NAME OF COMPANY THE VITEC GROUP PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST HARRIS ASSOCIATES L.P. 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 LETTER BELOW DATED 20 JANUARY 2004 5) Number of shares/amount of stock acquired. 300,000 6) Percentage of issued Class 0.73% 7) Number of shares/amount of stock disposed - 8) Percentage of issued Class - 9) Class of security ORDINARY SHARES 10) Date of transaction 13 JANUARY 2004 11) Date company informed 23 JANUARY 2004 12) Total holding following this notification 1,451,384 13) Total percentage holding of issued class following this notification 3.54% 14) Any additional information SEE LETTER BELOW 15) Name of contact and telephone number for queries R D PEATE TEL: 020 8939 4650 16) Name and signature of authorised company official responsible for making this notification Date of Notification 23 JANUARY 2004 Letter to The Vitec Group plc Dated January 20, 2004 We are writing to notify you pursuant to the Disclosure of Interests in Shares (Amendment) Regulations 1993 (S1 1993 No. 1819) of our interest in investment holdings in the ordinary share capital of Vitec Group plc. Following a purchase of 300,000 shares on January 13, 2004, accounts managed by Harris Associates L.P. became the beneficial owners of 1,451,384 shares of Vitec Group plc. This represents 3.55% of the company and an increase above the 3% substantial shareholder threshold. The following is a breakdown as of January 13, 2004: Account Name Shares Owned % of Company Northwestern 110,000 0.27% University of Washington 128,000 0.31% BMG Small Cap 140,000 0.34% Pennsylvania State Retirement System 165,000 0.40% Oakmark International Small Cap Fund 908,384 2.22% 1,451,384 3.55% Percentages are based on 40,900,000 outstanding shares. All holdings of Vitec Group are for investment purposes only. Letter from Harris Associates L.P. (advisor to The Oakmark Funds) This information is provided by RNS The company news service from the London Stock Exchange

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