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White Knight Inv PLC (PAF)

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Wednesday 14 May, 2003

White Knight Inv PLC

Holding(s) in Company

White Knight Investments PLC
14 May 2003



WHITE KNIGHT INVESTMENTS PLC ('WHITE KNIGHT' OR 'THE COMPANY')



Sunvest Investment Corporation Limited ('Sunvest'), a company controlled by Mr
Bruce Rowan, a director of White Knight, advised the Company on 13 May 2003 that
on 12 May 2003, it purchased 2,200,000 shares in the Company.



Sunvest now owns 33,200,000 shares in White Knight representing approximately
25.5% of the Company's issued share capital.







Enquiries:



M A Burne

Chairman



Tel:  020 7409 3500






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