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Xaar PLC (XAR)

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Thursday 21 November, 2002

Xaar PLC

Holding(s) in Company

Xaar PLC
21 November 2002

Xaar PLC ('the Company')

Notification of Major Interests in Shares

The Company received a notification on the 18 November 2002 from Artemis
Investment Management Limited, informing it that following a purchase of
1,500,000 shares (date not specified) the Artemis ABN Amro UK Select
Opportunities Fund have an interest in 4,409,750 ordinary shares, representing
7.39% of the issued ordinary share capital of the Company.

21 November 2002

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