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New Opportunities IT (NOI)

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Thursday 26 September, 2002

New Opportunities IT

SAR - Greenchip Investments

New Opportunities Inv. Trust PLC
26 September 2002

                                   FORM SAR 3

Date of disclosure
 26 SEPTEMBER 2002



DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')

Date of acquisition
 25 SEPTEMBER 2002



Acquisition in (name of company)
 GREENCHIP INVESTMENTS PLC



1. Class of voting shares (eg ordinary shares)
 ORDINARY 1P SHARES



Number of shares/rights over shares acquired
 25,000,000  Shares         NIL Rights


If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights
 N/A



2. Resultant total holding of voting shares (and % of total voting shares in
issue)
 25,000,000                                           15.6%

Resultant total holding of rights over shares (and % of total voting shares in
issue)
 N/A                                                  0%

Total percentage
15.6%

3. Party making disclosure
 NEW OPPORTUNITIES INVESTMENT TRUST PLC

4. (a) Name of person acquiring shares or rights over shares
 SHAREHOLDER AS IN 3, ABOVE



and, if different, beneficial owner
 SHAREHOLDER AS IN 3, ABOVE



(b) Names of any other persons acting by agreement or understanding (see SAR 5)
 N/A



Signed, for and on behalf of the party named in (3) above
 IAN LANCASTER



(Also print name of signatory)
 IAN LANCASTER, ASSISTANT INVESTMENT DIRECTOR, NEW OPPORTUNITIES INVESTMENT 
  TRUST PLC



Telephone and extension number
 020 7332 2070


                      This information is provided by RNS
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