Holding in Company

Surgical Innovations Group PLC 13 November 2000 The directors of Surgical Innovations Group plc ('SIG') announce that they were informed on 10 November 2000 that Getz Bros. Co. Limited ('Getz') has sold 20,000,000 shares in SIG in order to reduce its shareholding to below 20 per cent. for its own accounting purposes. At this point it is not Getz's intention to dispose of any further shares in the near future. Getz, which funded SIG in its early stages, now holds 49,248,810 shares, representing 19.39 per cent. of the ordinary share capital. By Getz reducing its shareholding to below 25 per cent., this could enable SIG to apply for Government and European funding for certain development projects.
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