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Xaar PLC (XAR)

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Wednesday 07 April, 2004

Xaar PLC

Holding(s) in Company

Xaar PLC
07 April 2004

Xaar PLC ('the Company')

Notification of Major Interests in Shares

The Company received a notification from Hermes Administration Services Limited
informing it that as at 2 April 2004 Royal Mail Pension Trustees Limited and
Possfund Custodian Trustees Ltd had a material interest in 2,377,948 shares,
representing 3.974% of the issued ordinary share capital of the company. The
shares are registered in the name of PossFund Nominees Ltd.

7 April 2004

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