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Xaar PLC (XAR)

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Monday 13 January, 2003

Xaar PLC

Holding(s) in Company

Xaar PLC
13 January 2003

Xaar PLC ('the Company')

The Company received a notification today from Standard Life Investments
Limited, informing it that they no longer have a material interest in the
ordinary share capital of the Company.

13 January 2003.

                      This information is provided by RNS
            The company news service from the London Stock Exchange