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Xaar PLC (XAR)

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Monday 21 June, 2004

Xaar PLC

Holding(s) in Company

Xaar PLC
18 June 2004

Xaar plc ('the Company')

Notification of Major Interests in Shares

The Company received notifications from Merrill Lynch Investment Managers
('MLIM') and Merrill Lynch & Co., Inc. on behalf of itself and certain holding
companies of MLIM informing it that they have an overall aggregate interest in
6,178,393 shares representing 10.29% of the Company's issued ordinary share

18 June 2004

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