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Xaar PLC (XAR)

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Friday 10 January, 2003

Xaar PLC

Holding(s) in Company

Xaar PLC
10 January 2003

Xaar PLC (the 'Company')

Notification of Major Interests in Shares

The Company received a notification today 10 January 2003, from The Throgmorton
Trust PLC, informing them that following a purchase of 250,000 shares (0.42% of
issued share capital) on 9 January 2003, they have a notifiable interest in
3,695,531 ordinary shares, representing 6.19% of the issued share capital of the
Company. The shares are registered in the name of HSBC Global Custody Nominees
(UK) Limited A/C 811664.

10 January, 2003

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