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Xaar PLC (XAR)

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Thursday 27 May, 2004

Xaar PLC

Holding(s) in Company

Xaar PLC
27 May 2004

Xaar PLC (the 'Company')

Notification of Major Interests in Shares

The Company received a notification on 26 May 2004 from Hermes Administration
Services Limited informing it that as at 24 May 2004 BriTel Fund Trustees
Limited The Trustees of BT Pension Scheme had a material interest in 1,644,581
shares, representing 2.762% of the issued ordinary share capital of the company.
It therefore no longer has a notifiable interest in the Company.

27 May 2004

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