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PremiSys Tech. PLC (ASE)

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Tuesday 10 July, 2001

PremiSys Tech. PLC

Holding in Company

PremiSys Technologies PLC
10 July 2001

                                                                  10 July 2001

                          PREMISYS TECHNOLOGIES PLC

                        ('PremiSys' or the 'Company')

                             Notifiable Interest

The Company was notified on 9 July 2001 that Plane Investments Limited
currently has a notifiable interest in 15,398,023 ordinary shares of 10 pence
each in the Company, representing 17.3 per cent of the issued share capital of
that class.

Of the 15,398,023 ordinary shares held by Plane Investments Limited, 2,000,000
ordinary shares were acquired on 15 June 2001 pursuant to a sale at 20 pence
per share and the remaining 13,398,023 shares were acquired on 5 July 2001 at
10 pence per share pursuant to the Placing and Open Offer.


For further information, please contact:

Walter Goldsmith                                          020 7388 4890

Charles Woods
Deloitte & Touche Corporate Finance

Robin Binks                                               020 7936 3000

Richard Collins
Gavin Anderson & Company

Neil Garnett                                              020 7457 2345

Rebecca Penney

The Directors of PremiSys accept responsibility for the information contained
in this announcement. To the best of the knowledge and belief of the Directors
(who have taken all reasonable care to ensure that such is the case) the
information contained in this announcement is in accordance with the facts and
does not omit anything likely to affect the import of such information.