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Xaar PLC (XAR)

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Wednesday 23 June, 2004

Xaar PLC

Holding(s) in Company

Xaar PLC
22 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
6,870,251 shares representing 11.44% of the Company's issued ordinary share

22 June 2004

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