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Xansa PLC (XAN)

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Wednesday 02 July, 2003

Xansa PLC

Holding(s) in Company

Xansa PLC
02 July 2003

TO:     Regulatory News Service
        The London Stock Exchange

Re:  Chapter 9, Paragraph 11 of CONTINUING OBLIGATIONS

Xansa plc (the "Company") received notification on 30 June 2003 under sections
198-208 of the Companies Act 1985 (as amended) (the "Act") that as at the close
of business on 27 June 2003, Phoenix Asset Management Partners Limited no longer
had a notifiable interest in the Company's ordinary shares of 5 pence each.

2 July 2003

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