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Xaar PLC (XAR)

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Friday 16 July, 2004

Xaar PLC

Holding(s) in Company

Xaar PLC
16 July 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
7,508,328 shares representing 12.50% of the Company's issued ordinary share

16 July 2004

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