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Oxford Instruments (OXIG)

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Friday 29 July, 2005

Oxford Instruments

Holding(s) in Company

29 July 2005

The Company has been notified today pursuant to the Companies Act 1985 that
Britel Fund Trustees Limited - The Trustees of BT Pension Scheme has a material
interest in 3,378,611 ordinary shares of the Company, representing 6.983% of
the issued share capital as follows:

No of Shares Held    Nominee/Registered Name         
108,694              BriTel Fund Nominees Limited    
3,269,917            Chase Nominees Limited*         

* Within Chase Nominees:

Hermes Focus Asset Management Limited, Hermes Investment Management Limited, as
general partners and Hermes SLP Limited as limited partner in Hermes UK Small
Companies Focus Fund has an interest in 2,889,975 ordinary shares of the
Company, representing 5.973% of the issued share capital.