Holding(s) in Company

Holding(s) in Company 

    LONDON--(BUSINESS WIRE)--June 4, 2003--

ARC International PLC ("the Company")

The Company received a notification on the 3 June 2003 from New Star
Asset Management Limited on behalf of it's client, New Star Hedge Fund
Limited, informing it that as a result of the recent tender offer New
Star Hedge Fund Limited no longer has a notifiable interest in issued
ordinary share capital of the Company.

4 June 2003



   Short Name: Arc Intl PLC
   Category Code: HOL
   Sequence Number: 00005485
   Time of Receipt (offset from UTC): 20030604T181707+0100