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Gresham Computing (GHT)

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Thursday 10 October, 2002

Gresham Computing

Holding(s) in Company

Gresham Computing PLC
10 October 2002


For immediate release                                            10 October 2002

                                   Gresham Computing plc
                              ('Gresham' or 'the Company')

The Company announces that it has been notified today that J.P.Morgan Securities
Ltd, on behalf of The Fleming Mercantile Investment Trust plc has acquired a
further beneficial interest in the Company of 485,000 ordinary shares of 5 pence
each representing 1.03% of the issued ordinary share capital.  The total
beneficial interest of J.P.Morgan Securities Ltd, on behalf of The Fleming
Mercantile Investment Trust plc is now 4,372,500 ordinary shares of 5 pence each
representing 9.3% of the issued ordinary share capital of the Company.


                                     -ends-


For further information please contact:


Gresham Computing plc                           01489 555522
Dean Osman, Finance Director                    www.gresham-computing.com


Weber Shandwick Square Mile                     020 7950 2800
Christian Taylor-Wilkinson



                      This information is provided by RNS
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