Holding in Company

Xaar PLC
24 October 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

XAAR PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

THE THROGMORTON TRUST PLC

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

IN RESPECT OF 2 

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

HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED

5)   Number of shares/amount of stock acquired.

100,000

6)   ( 0.17%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( - %) of issued Class

9)   Class of security

10P ORDINARY SHARES

10)  Date of transaction

22/10/01

11)  Date company informed

23/10/2001

12)  Total holding following this notification

1,800,000
               
13)  Total percentage holding of issued class following this notification

3.04%

14)  Any additional information

PURCHASE OF 100,000 SHARES TAKES HOLDING FR0M 2.87% TO 3.04%

15)  Name of contact and telephone number for queries

G MACLEOD   01223 423663

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

     Date of Notification ....... 24/10/01 .................