DIRECTORS' SHAREHOLDINGS - UPDATE

Boardroom Blues would like to thank directors Kevin McGrath and Bill Power for their openness and help over the last couple of days in compiling the following information.

Directors McGrath and Power confirmed that:

Taking this information together with that on the Shares Register dated 17 September 2003, Boardroom Blues believes that those shareholders owning 3% or more of the plc are now:

QPR Nominees - 10,388,068 shares - 16.6% of the plc
Chris Wright - 10,000,000 shares - 16% of the plc
Tring Securities (Kevin McGrath) - 8,790,740 shares - 14.1% of the plc
Bank of New York Nominees - 3,810,000 - 6.1% of the plc
Bill Power - 3,076,923 shares - 4.9% of the plc
Aspen Trustees (Chris Wright and Peter Segal) - 2,898,483 shares - 4.64% of the plc
James Arbib - 2,500,000 shares - 4% of the plc

Related links
Major Shareholders at 17 September 2003
http://www.boardroomblues.co.uk/shares.htm

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